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Don't expect Coin Center to stick up for XRP in the face of the SEC

CryptocurrencyDec 22, 2020 02:20PM ET
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Don't expect Coin Center to stick up for XRP in the face of the SEC

In its coming fight against the Securities and Exchange Commission, Ripple won't see support from some of the mainstays of the crypto lobby. Jerry Brito, the executive director of Coin Center, made it clear on Tuesday that his organization won’t put up any resistance to the notion that XRP is a security.

In response to a question about Coin Center's work to keep XRP from the SEC's purview, Brito posted two articles where Coin Center argues why Bitcoin and Ethereum aren’t securities before pointing to the absence of such a post for Ripple:

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Don't expect Coin Center to stick up for XRP in the face of the SEC
 

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