US SEC DENIED THE RIGHT TO SCRUTINIZE RIPPLE OFFICIALS’ TRANSACTION HISTORY

Highlights:

•       SEC has brought allegations against Ripple

•       XRP is Ripple's cryptocurrency that SEC calls a security

According to the US SEC, Ripple’s XRP is not a cryptocurrency but security. A "security" essentially means that SEC considers Ripple’s XRP to be an investment contract. This qualifies XRP to be....