Charles Hoskinson recently stated that he has heard “rumors” that the two-year legal struggle between Ripple and the SEC will end on December 15.
“There are reports that the Ripple case will be resolved on December 15. And, well, we’ll have to wait and see what the outcome is; either way, it may be disastrous for the market.”
FOX Business reporter Eleanor Terrett, though, tweeter back, “It’s not true.” According to a follow-up tweet, the reporter confirmed that her sources had advised her there was no truth to the story.
Hoskinson’s rumor has impacted the crypto sector and altcoin pricing negatively and has left the XRP community fuming.
Widespread Disruption
Crypto whales trade over 392 million XRP in one day as reports of a settlement in the case between Ripple and the SEC spread.
Recent days have seen information concerning significant XRP moves being shared by Whale Alert, a cryptocurrency whale tracking service. According to the most recent transactions, the whales are moving huge sums of XRP to and from exchanges.
According to Whale Alert, these high-net-worth cryptocurrency investors have moved a staggering 392,764,221 (392.76M) XRP tokens in the last 24 hours.
The significant XRP movement coincides with the spread of reports regarding a potential resolution to the current legal dispute between Ripple and the SEC.
Transfer de balene XRP
According to the information provided by the crypto whale tracking service, the most recent transaction occurred on December 12 – a withdrawal of 38,893,182 (38.89M) XRP worth $14.4M by an unnamed whale.
Source: https://coinpedia.org/news/heres-why-the-crypto-whales-are-moving-their-xrp-holdings/