Ripple’s Battle with the SEC Intensifies While $XRP Prices Decline

Ripple’s battle with the #SEC $ is nothing new to the crypto world. Just when XRP holders think the battle has ended, something new starts, pouring salt on their wounds. Ripple recently referenced the Binance case while arguing against the penalties imposed upon it. 

Unfortunately, the SEC responded by saying that the situations are different. Therefore, the ruling in the Binance case doesn’t apply to Ripple’s case. XRP’s falling prices could have gotten a boost if the SEC had accepted Ripple’s response, but it dropped further after the latest news. XRP has lost 10.94% in value, and investors are cashing out to move to a suitable alternative.