Ripple gives two cents on SEC ruling, locks new set of XRP

Ripple’s official response to the partial win against the SEC called the regulatory’s authority’s lawsuit nothing but a propaganda. Days after the win, XRP didn’t seem in the best of spirits.

The blockchain firm, Ripple, pointed out that both the judgment protects institutions and retailers.

Ripple sent 800 million XRP to its escrow wallet.

Ripple [XRP] finally gave an in-depth response to the partial win it had against the U.S. SEC on 13 July. Although the firm expressed its gladness shortly after the ruling, its latest Q2 market report provides a lot of clarity on certain misconceptions about the case. #dyor #ripplexrp