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3232Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
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Thu, 14 Jan 2021 12:15:33 +0000https://www.digit.info/2021/01/14/grayscale-investments-terminates-xrp-trust-citing-impact-of-sec-lawsuit-against-ripple/Read more]]>Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced […]
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced […]