The Phemex cryptocurrency exchange has just relisted XRP, the token associated with blockchain payments outfit Ripple Labs Inc. According to details shared with Coingape, the trading platform known for backing renowned cryptocurrency projects will also be listing an additional 8 digital currencies and tokens for the benefit of its users.
Support for the XRP/USDT spot pair and the XRP/USD contract pair was previously suspended following the launch of a lawsuit filed by the United States Securities and Exchange Commission (SEC). Per the lawsuit, the SEC claimed Ripple and two of its executives (including CEO Brad Garlinghouse and the Co-founder and Chairman Chris Larsen) sold $1.3 billion worth of XRP as securities without proper registration.
The lawsuit stirred many reactions in the market, including sell-offs. Exchanges like Phemex responded by halting XRP trades to protect its users from a market-wide liquidation. The change in trajectory and the decision to relist XRP are based on p
Źródło: https://coingape.com/phemex-is-relisting-xrp-and-adding-8-additional-digital-currencies/
