Ripple: Super Bowl For Crypto Lawyers

Market Meditations | December 23, 2020

U.S. Securities and Exchange Commission Charges Ripple With Conducting $1.3 Billion Unregistered Securities Offering ❗

Dear Meditators

Let’s take a look at one of the biggest topics in crypto right now…

Today’s letter covers the SEC’s charges against Ripple.

We take a look at XRP’s price action going into the allegations and whether the rumors were already visible on the chart. After that, let’s explore what will likely change and what would happen if exchanges were to start delisting XRP en masse. 



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  • Payments Firm Wirex Becomes Visa Principal Member Ahead of Crypto Card Launch. On Tuesday, the London-based cryptocurrency card issuer Wirex announced it has been made a Visa principal member in Europe. This makes Wirex ‘the second ‘crypto-native’ company in the world to become a principal member of Visa’. This promotion comes with a ‘huge range of benefits’ as the company will have permission to issue Visa cards, sell related products and apply for additional licenses. Read more.

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Ripple: Super Bowl For Crypto Lawyers

U.S. Securities and Exchange Commission Charges Ripple With Conducting $1.3 Billion Unregistered Securities Offering ❗

The ‘inevitable’ has happened. After rumors earlier this week that the U.S. Securities and Exchange Commission (SEC) had been building a case against Ripple over the alleged sale of unlicensed securities, the news was confirmed just a day later.


#34 Ki Young Ju (CryptoQuant): Providing Actionable Trade Signals Through On-Chain Analysis

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Ki Young Ju (@ki_young_ju) is a cryptocurrency trader and entrepreneur. He is the founder of on-chain analytics firm CryptoQuant, which provides actionable data to traders. Prior to founding CryptoQuant, Ki served as project manager at the Icon Foundation.

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