Home Altcoins News Ripple (XRP) Retail Investors Express Their Fury and Views about the Security Issue

Ripple (XRP) Retail Investors Express Their Fury and Views about the Security Issue

Ripple Xrp Retail Investors

When the big guys fight it out, the small guys have a difficult time.  Here are the frustrations and grumbles of the average retail investor in the XRP community:

If the SEC uses the argument that XRP hasn’t been determined a Security, then it’s not a Security until otherwise determined by the Courts (not SEC).

Another user stated, No, both the CFTC and SEC have said something can transform from what was once a security to a commodity today. They have both been very clear so it’s very possible it could be ruled as such and that XRP was once a security but isn’t anymore.

The SEC is getting sued from the very people they are supposed to “protect.” The SEC should be sued for not protecting the retail investors and people they were supposed to protect.

The SEC suing just feels like getting beaten up by a corrupt policeman. From all that is happening, it just feels like the SEC is officially screwed looking at the multi-dimensional aspect of the case.

Twitter handle Sats@popeye stated, some feel It’s not SEC but the other actors who are controlling the financial world making billions with correspondent banking, nostro/vostro monies and exorbitant fees and all of these perks will disappear with Ripple & XRP.  It is now David vs. Goliath re-match.

Someone with a comical spirit posted:  “SEC: We conclude XRP is a security. Exchanges: Better delist XRP since the SEC thinks it’s a security. SEC: We never concluded XRP was a security, so we’re not responsible for holder losses. Oh wait, doesn’t that argument throw out our other case?”

There are already enough points for the law suit to wrap up. Also, “The SEC has made clear it doesn’t care how many investors it harms or how many companies it drives overseas as it seeks to stretch its authority beyond common sense.”

An outsider, not a US resident, stated, this case has made your SEC look incredibly foolish and possibly even corrupt considered by many. The SEC know they have messed up but will carry on with the lawsuit for professional pride and that’s wrong. Further stated, all these were very unfair on XRP and investors.

It is very obvious that the SEC are Corrupt because they are actively taking steps to shut down discovery and the other sides of the defence.

Despite all the pain, some feel facts unfolding is amazing! Light at the end of the tunnel XRP holders.  Just HODL!  They feel all these will ultimately prove that XRP is worthy and real.

It has become very obvious that The SEC acted recklessly and without regard to the people they are supposed to protect. This is shameful beyond the pale. Hopefully, the new incoming SEC will clean this dirty little mess up.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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