Charles Gasparino Speaks Out, There's Bad News For The XRP Community!

<p>&nbsp;"Hmm, it's a shame the new XRP holders just want to be happy, I hope it's not as bad as you think."</p><p><br /></p><p>The legal battle between Ripple (XRP) and the Securities and Exchange Commission (SEC) that sided with the digital asset has sparked a lot of commentary from cryptocurrency market watchers.</p><p><br /></p><p>Among them is prominent media personality and FOX Business Network Senior Correspondent, Charles Gasparino who reportedly sent a message to the XRP community on his Twitter account.</p><p><br /></p><p>While XRP supporters were thrilled when the Summary Judgment announced the digital asset was not a security, the blockchain payments firm still had to pay some money in fines, Gasparino insisted.</p><p><br /></p><p>After he interviewed a number of securities lawyers regarding the XRP lawsuit, most were disbelieving the firm's winning portion on appeal.</p><p><br /></p><p><br /></p><p>It is widely known that Gasparino has acted as such when speculation about the SEC possibly choosing to appeal the decision of Judge Analisa Torres in the future is increasing.</p><p><br /></p><p>There is no denying that since the Summary Judgment was announced, the crypto market has acted as if the case was completely over as Coinbase, Kraken and Gemini relisted XRP on their platforms.</p><p><br /></p><p>However, it should be noted that the XRP claim has far-reaching implications, where the SEC is able to take further enforcement actions in the near future.</p><p><br /></p><p>So here it can also be seen that the price of XRP is capable of exhibiting fluctuating movements when the case moves forward in the next few months, therefore traders need to be prepared in any possibility whether positive or negative.</p><p><br /></p><p>As of this writing, XRP price has surged by 5.38% to $0.74 in the last 24 hours with a market cap of $39 billion and is up around 60.32% over the last week.</p>