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20 September 2019

Ripple Combats Investors After Complaints Allege Company of Selling Unregistered Securities

Ripple Combats Investors After Complaints Allege Company of Selling Unregistered Securities


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A group of investors has filed a complaint against Ripple with the Securities and Exchange Commission (SEC) for dumping illegal securities on investors in the token, as reported by Forbes, August 18, 2019.

Many investors in the space have recently started to double down on their criticism of Ripple for dumping hundreds of millions of tokens on their investors in the open market.

Just a few weeks ago, Ripple released their Q2 report and crypto Twitter didn’t take lightly to the amount of XRP that Ripple sells on the open market.

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