The post Ripple Lawsuit News: XRP Community Seeks Massive $500 Billion Restitution After SEC Fallout appeared first on Coinpedia Fintech News
Jimmy Vallee, founder of Valhil Capital, is pushing for a massive $500 billion restitution for XRP holders. This push comes in response to the U.S. Securities and Exchange Commission’s (SEC) 2020 lawsuit against Ripple, which alleged that XRP sales were unregistered securities offerings. The lawsuit triggered a major selloff, causing XRP’s price to drop by …