Tyler Winklevoss, the CEO of Gemini, has applauded back ‘dumb’ XRP trolls as soon as they labeled the US Securities and Exchange Commission (SEC) on Twitter to make a move contrary to the cryptocurrency exchange.
Winklevoss explains the activist cryptocurrency community unwittingly recognized that Ripple (XRP) is a safety, something which Ripple profoundly simplifies.
The XRP army has really dumb trolls.
By tagging SEC Enforcement you are taking the position that Ripple is a security. SMH🤦♂️https://t.co/Bs6m3QZond
— Tyler Winklevoss (@tylerwinklevoss) May 5, 2020
It Began With Chainlink
The bone of contention between the Winklevii and the XRP Army was the recent posting of Chainlink (LINK), the fourteenth greatest cryptocurrency by the market capitalization.
In the mean time, XRP, which despite everything clutches its third spot, is yet to arrive on the Gemini exchange, which rubbed numerous community members the wrong way.
Ultimately, Twitter user @galgitron took this matter in its own hands by requesting the Securities and Exchange Commission to investigate Gemini, a private firm, for abstaining from listing XRP.
XRP’s Damocles Blade
Tagging the Securities and Exchange Commission on Twitter is most likely the exact opposite thing that Ripple (XRP) financial specialists need to as a two-year legal claim against Ripple delays. The financial specialists who prosecuted the blockchain decadron in 2018 blamed it for selling XRP as an unregistered security.
According to the previous reports, a federal judge refused Ripple’s movement to end the legal battle against the organization back in February.
The most exceedingly awful part for XRP holders is that the Securities and Exchange Commission can in any case contend its own case and perceive the token as a security regardless of whether Ripple wins the suit or not.
Collect: BTC Wires