Ripple (XRP) has experienced a notable price increase, trading above $0.5400 on October 16. This surge is primarily attributed to recent developments surrounding the Securities and Exchange Commission (SEC) lawsuit and the Ripple Swell conference.
Read MoreThe lawsuit implies that Ronaldo, given his investment experience and substantial resources, should have been aware of Binance’s alleged sale of unregistered crypto securities. It references U.S. Securities and Exchange Commission (SEC) guidance cautioning celebrities about disclosing payments received for promoting cryptocurrencies—a step the complaint alleges Ronaldo failed to take.
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