Ripple’s woes multiply as Blockchain.com becomes the latest exchange to suspend trading of XRP.
Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps of Coinbase, Binance.US, OKCoin and others.
“Blockchain.com will halt XRP trading beginning Thursday, January 14th at 11:59pm GMT. For all customers who have XRP balances, you will continue to have access to your XRP to send after we halt trading, but we will no longer support receiving more XRP in the Exchange.”
XRP’s delisting on multiple platforms is due to an anticipated yet controversial move by the United States Securities and Exchange Commission in late December to initiate a lawsuit against Ripple, its CEO, Brad Garlinghouse, and co-founder Christian Larsen, for alleged violations of U.S.