Cryptocurrency platform Gatehub has announced support for the XRP token until a final decision is made on the US Securities and Exchange Commission (SEC) lawsuit.
The platform said the decision to continue listing XRP was made after a “thorough examination” of the SEC’s claims against Ripple. According to the company, the token is not a “security”, and its value is based on its use in payments.
“We also have not personally witnessed any inappropriate market behavior on the part of Ripple Labs or its management,” noted in Gatehub.
Recall that the SEC filed a lawsuit against Ripple.
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