Ripple is not a cryptocurrency !
It is an electronic token, issued by a company. Ripple Labs Inc.
They can do what they want, they are in the USA, so they can receive national security letters - they may have received some already.
They can create tokens from thin air and basically they are a FINANCIAL INTERMEDIARY
Just like Wells Fargo blocked wire transfers to exchange because Uncle Sam wanted it, they could (be forced) do the same....they are unsuitable as an investment!
Ripple is not a cryptocurrency !
It is an electronic token, issued by a company. Ripple Labs Inc.
They can do what they want, they are in the USA, so they can receive national security letters - they may have received some already.
They can create tokens from thin air and basically they are a FINANCIAL INTERMEDIARY
Just like Wells Fargo blocked wire transfers to exchange because Uncle Sam wanted it, they could (be forced) do the same....they are unsuitable as an investment!