Ripple's Legal Battle Heats Up: 51M XRP Coins Moved as SEC Reply Looms_
- A whale transferred 51 million XRP coins, worth approximately $18.5 million, amid Ripple's ongoing legal battle with the US Securities and Exchange Commission (SEC).
- The transfer was made from an unknown wallet to another unknown wallet, sparking speculation about the intentions behind the move.
- Ripple has submitted a reply letter to the SEC's claims, arguing that XRP is not a security and should not be regulated as such.
- The legal battle between Ripple and the SEC continues, with implications for the future of XRP and the broader cryptocurrency market.
- The price of XRP has been volatile, with some analysts predicting a potential surge if Ripple succeeds in its legal battle.
