After 8 years in the FinTech business, over 300 customers including banks and payment institutions, and years of personal engagement with regulations legislators, Ripple is being sued. The Securities and Exchange Commission (SEC) has decided to file a lawsuit against Ripple for "Selling an unregistered security"... They filed four days before Christmas 2020. Something is REALLY fishy. All I can think is that this is a spiteful last hack at the crypto space to drive prices lower for institutional investment.
Comment:
Don't sell, only add to your bag.