XRP falls 20% with removal of Bitstamp in the United States

Charlie Taylor

Ripple Labs' XRP token collapsed again (20%) with another devastating news.
After being withdrawn from Bitwise, the Brazilian fund Hashdex and several other brokers, XRP is now no longer available to North American Bitstamp users. Headquartered in Luxembrugo, the broker is one of the largest in the world in terms of the volume of digital assets traded.
According to the statement, the exchange decided to remove the XRP due to the recent allegation that Ripple released the token illegally.
“In light of the recent SEC action against Ripple Labs Inc., which claims that XRP is a security, we will stop all XRP trades and deposits for our US customers on January 8, 2022 at 9 PM UTC.Coinext 760x150

We will monitor the situation closely and continue to adapt accordingly.
Our US customers will still be able to withdraw XRP from Bitstamp. Customers from other countries are not affected.
Thank you for your continued support in this matter. We will post updates here and on Twitter as more information becomes available. ” – claimed the broker.
As a result, the asset has already accumulated a 47% drop in the past few days, with rumors that other major exchanges are also doing the same removal process in the coming days.

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