Ripple SEC Settlement: 500M XRP Unlocked Amid Remedies Ruling Odds
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The rumors about a Ripple-SEC settlement resurfaced as Ripple released 500 million XRP from escrow, valued at about $297.74 million. This significant move caused an 8% decline in XRP's market value, pushing it below the critical $0.6 psychological support level. Coingape had previously cautioned about this possible breach.
The news was initially reported by CoinGape, providing crucial insights into the ongoing Ripple-SEC situation and its market impact.
Джерело: coingape.com ↗
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