✅ THIS IS VERY GOOD FOR XRP !!! 🔥 XRP RIPPLE NEWS TODAY🔥 XRP vs SEC case UPDATE !!

⏰ CHAPTERS:

0:00 XRP News today.
1:18 Following the release of the much-contested Hinman documents, the cryptocurrency community has continued to debate whether XRP is “sufficiently decentralized.”
4:18 XRP The recently-released Hinman’s emails and the drafts of William Hinman’s June 2018 speech have continued to stir up controversy within the crypto industry.
7:29 INDU4.0
8:45 XRP Yassin Mobarak, the founder of VC firm Dizer Capital, has commented on XRP’s recent price action.
10:40 Are the allegations against Ripple paying 6 exchanges to list XRP true?
13:38 XRP Conclusions.

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Is XRP sufficiently decentralized? By the way, was Hinman’s speech an attack on Ripple and XRP? Also, Dizer Capital Founder Mobarak says XRP price action during the release of Hinman’s document indicates what’s coming for the asset when Judge Torres issues summary judgment in the SEC vs. Ripple case. Finally, Ripple CTO David Schwartz has responded to allegations from released court documents claiming that Ripple paid six exchanges $1-5M to list XRP, but are those allegations true? Stick with me till the end to find out more.

Following the release of the much-contested Hinman documents, the cryptocurrency community has continued to debate whether XRP is “sufficiently decentralized.”
For context, when the former director of SEC Corporation Finance, William Hinman, gave the infamous speech at the Yahoo All Market Summit on June 14, 2018.
He disclosed that an asset should not be classified as a security if it has become “sufficiently decentralized” from its time of creation.
It was on this premise that he declared Ethereum as a non-security.

Hinman also listed certain decentralized factors people must consider when making these “sufficiently decentralized” determinations.
After Hinman’s doc release, people have been arguing whether XRP is sufficiently decentralized.
Some say that the coin is not decentralized because of Ripple’s alleged control over the asset, as the blockchain company currently holds a substantial amount of XRP in escrow.
This has continued to stir the argument that XRP and its native blockchain XRP Ledger (XRPL) are centralized or not sufficiently decentralized.

In response to these allegations, Ripple’s CTO David Schwartz noted that those who claim XRP is not sufficiently decentralized due to Ripple’s control have not been able to prove how the blockchain company could exploit that control to cause investors harm.
He asserted that “it cannot be done.”
As expected, Schwartz’s remark prompted a series of reactions from cryptocurrency enthusiasts.
A Twitter user named John B stated that Ripple’s return of unspent XRP back to escrow “is on the honour system.”

“If 10% was routinely put into a seemingly legit project where it was used to manipulate the price, selling at period highs and buying to maintain a trend,” the user added.
In response, Schwartz affirmed that Ripple holds a huge amount of XRP.
He added that if people believe that one party having a huge amount of a blockchain native asset makes it less decentralized, they can also conclude that XRPL is less decentralized, given Ripple’s control.
He clarified that holding vast amounts of a blockchain native asset does not grant the party control over the governance or ledger.