The post Ripple vs SEC: U.S Representative Supports SEC, Calls XRP Illegal! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe Securities and Exchange Commission hasn’t investigated exchanges that traded XRP, a “illegal security,” according to subcommittee chair Brad Sherman during a house subcommittee oversight hearing on the SEC’s role in cryptocurrencies today. During the enforcement division drill session of the commission, Brad Sherman, a Democrat from California, supported the SEC’s case against Ripple. The …
