XRP Pumps As Ripple Respond's To The SEC's Lawsuit

XRP pumped past $0.42 today as Ripple sends a 93-page response to the SEC's lawsuit. Ripple CEO Brad Garlinghouse tweets "Our defense begins today. Innovation is on trial, and we stand shoulder to shoulder w/ our partners & the community to defend it. Together, w/ appropriate reg oversight, we can modernize outdated laws that clearly aren’t working to protect consumers and ensure orderly markets." Ripple's General Counsel always weighs in tweeting " Today, we filed our preliminary legal response to the SEC’s complaint. With it, we start to set the record straight and correct many misconceptions and contradictions within their allegations."

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