#cryptocompanies

Will 2021 see mass exodus of crypto-companies like Ripple? How much does the U.S stand to lose?

Ripple v. SEC will have some far-reaching implications for the crypto-industry. In fact, as former SEC Commissioner Joseph Grundfest recently suggested in a letter to Jay Clayton, the Ripple lawsuit will cause “multi-billion dollar losses to innocent third parties.” The lawsuit in question alleges that XRP is a security that must be registered with the agency, and it is not, in fact, a currency…