I've always stayed clear away from xrp just for the simple reason the founders manipulate the price by making more xrp into circulation so the price doesn't have volatile movements and never gets classified as a security. And anyone who does research on this token will know they were really trying to get on board with regulation to become a world class asset. And the thing is, a lot of banks have adopted xrps technology, but not the actual coin, making xrp holders think "This is it! We're on our way to the moon!" Very sad day for Xrp holders. But that's what happens when you trust in a centralized token.
not to mention Jed McCaleb who regularly dumps tens of millions of XRP daily. his public wallet just received another 133,000,000 XRP from ripple. he's been on a tare selling on Bitstamp as fast as he can. His 'tacostand' public wallet still contains 175,000,000 xrp. fucking douchbag.
Man, that's why I love futures, because they are not considered "securities." But if only the CFTC had the same teeth the SEC has in catching these bloody spoofers. Grrr!
First of all no one owns Ethereum, it is a decentralized token, you can't file charges with anyone anyway. So that would never happen... Next question please....