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SEC's XRP Impact

A former SEC commissioner warned that classifying XRP as an unregistered security could lead to significant losses for innocent holders, a prediction that has come true as major exchanges delist the token. As a result, many investors are left unable to trade or access their assets, drawing parallels to the Robinhood GameStop situation. The fallout has frozen assets for investors relying on platforms like itrust capital, highlighting the broader implications of regulatory actions on the crypto market.