# XRP purchasers back Ripple, arguing that it is not a security
“# XRP purchasers back Ripple, arguing that it is not a security ” On Dec. 22, 2020, the United States Securities and Exchange Commission filed a complaint against Ripple Labs. The complaint essentially alleged that Ripple had engaged in a multi-year, sustained practice of illegally selling unregistered, non-exempt securities in the form of its XRP…