#DidYouKnow #XRPBurn $XRP
How many projects does XRP have?
Data shows that the XRP Ledger (XRPL), the blockchain powering the XRP ecosystem, is now home to over 1,500 crypto projects. According to details provided on the official XRPL website, more than 1,500 applications and exchanges have been established on XRPL since its inception
What is the issue with XRP?
The SEC in 2020 accused Ripple and its executives of conducting a $1.3 billion securities fraud via sales of XRP to retail investors
Who owns a lot of XRP?
The top 10 largest holders of XRP include two addresses from Ripple, holding 3.69% and 2.90% of the circulating supply respectively, two from Binance with 2.78% and 1.75%, two from Uphold with 2.58% and 1.57%, and one each from Upbit (1.58%), Kraken (1.39%), an unknown holder (1.29%), and Bitbank (1.22%)
Who won XRP vs SEC?
Yesterday, the U.S. Securities and Exchange Commission (SEC) dismissed its own case against Ripple Labs CEO Brad Garlinghouse and Executive Chairman Christian Larsen. This is the third recent win for Ripple, the firm closely associated with XRP, in its multi-year legal battle with the securities watchdog
What billionaires own XRP?
Chris Larsen and Brad Garlinghouse may have seen the greatest benefits from their Ripple holdings, but they are not the only ones who have profited significantly from XRP's stellar gains. Jed McCaleb, another Ripple co-founder, left the company in 2013 but retains 5.3 billion XRP as of February 2016
how long xrp lawsuit?
In a court filing dated November 13, 2023, Judge Torres nailed down the schedule for further pretrial filings. The process of discovery and rebuttals regarding the remedies the SEC will seek in the remaining legal action must be completed by April 29, 2024
How much can XRP reach if they win lawsuit?
A positive outcome has the potential to send XRP price back toward its all-time high at $3.40 and further towards $50. A recent prediction by Finders' panel estimates that the XRP price could tag $3.81 by the end of 2025 if the blockchain startup wins the lawsuit
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