XRP Investors: Where Are They From?
John Deaton, the attorney representing 75,000 XRP investors in the case against the SEC, recently shared some insights on the demographics of these investors on Twitter. According to him, the majority of these investors, around 53%, are from the United States. The United Kingdom takes the second spot, followed closely by Australia. Interestingly, the number of XRP holders in Canada and Australia is almost the same, with a difference of only 11 people.
Latest Updates on Ripple v SEC
In a recent filing, the SEC argued that it has an “institutional interest” in efficiently resolving the case against Ripple. They opposed Ripple’s motion against the SEC’s request for an interlocutory appeal, stating that Ripple’s interest is to delay the resolution in order to continue selling XRP in the public markets without registration. The SEC claims that secondary sales of XRP should be considered an investment contract, but this notion was dismissed by Judge Analisa Torres in her previous ruling.
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