BREAKING: Bitstamp Becomes First Major Exchange to Halt XRP Trading Due to SEC Lawsuit

Alex Dovbnya

Bitstamp becomes the first major exchange to suspend XRP trading after affiliated blockchain company Ripple got sued by the SEC

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Fri, 12/25/2020 - 16:29

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Bitstamp has announced its suspension of XRP trading, joining the rapidly growing list of other crypto exchanges that have moved to remove the token from their platforms.

Starting from Jan. 8, 2021, its U.S. customers will no longer be able to deposit or trade the fourth-largest cryptocurrency:

"In light of the recent

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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