The SEC vs. Ripple lawsuit is ongoing over two and a half years later. It all began in December 2020 when the SEC alleged that Ripple raised a billion-dollar sale of XRP in 2013 without official registration. Despite this event, XRP’s momentum and support remain intact. However, even in 2023, no one knows the legal case’s outcome.
In times of uncertainty, it’s best to diversify by investing in a new token. One such project offers that very opportunity, with over $2.3 million invested in the first stage of the presale.
Uncertainty On the Outcome of The SEC vs. Ripple (XRP) Legal Dispute
Normally, the SEC quickly settles most legal cases outside of court. Yet, Ripple decided to fight back against the lawsuit and dragged it to the end in court.
The gist of the legal battle is that Ripple didn’t register XRP as a security with the SEC. This is a rule for any company offering a financial instrument to raise capital. Yet, the overarching argument is whether Ripple’s XRP is a security.
If the final judgment is security, it could mean several obstructive changes to Ripple’s XRP and the wider crypto market. This has led to many speculations about the ultimate conclusion. But, still, verdicts are mixed; some say Ripple will win, and some say they won’t.
Also, the final date to end the lawful dispute, which was supposed to be within the first few months of 2023, keeps getting pushed back.
Still, even with this skepticism, Ripple’s XRP has remained in the top 10 of most traded coins, suggesting substantial support and usage of the XRP token.
VC Spectra (SPCT) Prepares for A 10x Boost Before Its Official Launch
VC Spectra (SPCT) is a decentralized asset management fund that invests in sustainable blockchain and technology-focused companies. The platform is about offering a secure, transparent, and profitable investment experience.
VC Spectra (SPCT) uses smart contracts which store investor funds and show the platform’s inner workings. Also, this technology allows for a trustless environment with no intermediaries. This equals a democratic space where investors have control over their assets and their level of involvement.
VC Spectra (SPCT) has a team of well-versed technologists and venture capitalists who will evaluate for the best investment opportunities.
Diversification is one of VC Spectra’s (SPCT) core values. By investing in different cryptocurrencies, it helps the platform to reduce negative exposure in a single market. Ultimately, the goal is to lower risks and maximize gains using multiple strategies. Hence, investors are confident of a well-devised plan to reach profitable returns.
Another unique element of VC Spectra (SPCT) is that it focuses only on ethical and sustainability-focused ventures. Thus, VC Spectra’s (SPCT) community can profit while contributing to a positive society and environment.
The Spectra token (SPCT) underpins the platform’s ecosystem. It helps invest in VC Spectra’s projects or funds and pay management fees. But, most importantly, it offers rewards and worthwhile benefits:
- Quarterly dividends and buybacks
- Voting rights
- Access to discounted pre-ICOs
These selling points should be enough to diversify your XRP portfolio or begin a brand-new portfolio with VC Spectra (SPCT). The token is selling at a low price of $0.008, resulting in investors buying bucketloads of the token.
SPCT holders anticipate a 10x gain, as $0.08 is the projected price target before VC Spectra (SPCT) wraps up its presale.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.