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Major Crypto Trading Platform Uphold Reaffirms Support for $XRP

On social media, Uphold reacted to a trend on the microblogging platform Twitter where users kept on asking for trading platforms to relit XRP. XRP was delisted from several exchanges after the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs over the sale of XRP, alleging it’s an unregistered security, in 2020.

The lawsuit alleges the firm paid cryptocurrency exchanges to permit “the buying and selling of XRP” on their platforms. At the heart of the lawsuit is whether XRP is a security that should have been registered with the regulator or not.

XRP XRP $1.44
+2.16%
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