Two Ripple legal briefs are now available to the public. The defense attorney, former federal prosecutor James K. Phelan, says the legal memos prove that Ripple is not a security.
Bitcoin collapsed on Thursday to the maximum in almost a month amid the sell-off of risky assets. BTC lost 7.7%, ending the day at about $40,700. Ethereum fell by 7.7%, other leading altcoins from the top ten also declined: from 5.4% (Finance Coin) to 8.5% (Terra).
The total capitalization of the crypto market, according to CoinGecko, sank by 7.3% in a day, to $ 1.94 trillion. Bitcoin was sold more actively than altcoins, which led to a decrease in the bitcoin dominance index by 0.3%, to 39.8%. The cryptocurrency fear and greed index collapsed by 22 points to 30, returning to a state of fear.
The FBI Is Launching a "Virtual Asset Exploitation Unit" with a Specialized Team of Cryptography Experts
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