XRP Escrow Is Bullish, Not a Dump; and the SEC’s Own Words Prove It

The theory that Ripple Labs’ XRP escrow is a headwind for the token’s price is being forcefully challenged. This counter-argument, supported by legal expert Bill Morgan, comes amid some backlash against Ripple’s monthly sales of XRP to fund its operations. According to on-chain data analysis, Ripple has reduced the XRP escrow account from 55 billion […] The post XRP Escrow Is Bullish, Not a Dump; and the SEC’s Own Words Prove It appeared first on Coin Edition.