Binance Stands Firm: Never Dropped XRP Amid SEC Drama!

CZ's X Post Shakes Up Crypto World

Hold onto your hats, crypto fans! Binance, the giant of the exchange world, didn't flinch and kept XRP trading strong on its global platform despite the SEC's legal showdown with Ripple. That's right, while U.S. exchanges were scrambling to delist XRP, Binance stood its ground!

Changpeng Zhao, the man behind Binance, dropped a bombshell on X. He made it crystal clear that while U.S. exchanges were jumping ship, Binance.com never paused XRP trading for a second. Talk about loyalty in the face of chaos!

The line between Binance.com and Binance.US is as clear as day. The U.S. regulatory heat forced local actions, but globally, Binance was all in for Ripple's XRP, no questions asked.

With Ripple's legal battle winding down and XRP making a comeback on U.S. exchanges, CZ's words are a shoutout to Binance's unwavering global support for XRP during some seriously shaky times.

"FWIW, Binance.com never delisted XRP," CZ declared, responding to Ripple CEO Brad Garlinghouse's big news about dropping those pesky cross appeals. It's a mic drop moment if I ever saw one!

👏 FWIW, Binance.com never delisted XRP.

CZ's statement draws a bold line between the global powerhouse and its U.S. counterpart, which hit the brakes on XRP trading back in January 2021 following the SEC's lawsuit.

An analyst backed up CZ's claim, saying, "Binance.com never delisted XRP. Only Binance.US hit pause in Jan 2021 after the SEC lawsuit — and guess what? It's back now!"

When the SEC dropped their bombshell in December 2020, claiming Ripple was selling unregistered securities, most big-name U.S. crypto exchanges bailed on XRP. That move threw XRP's legal status into a whirlwind of doubt.

Coinbase was quick to pull the plug on XRP trading for U.S. users right after the SEC's complaint, yanking one of XRP's biggest trading spots. Crypto.com wasn't far behind, ditching and pausing XRP trading in the U.S. on Jan. 19, 2021.

OKCoin also hit the brakes on XRP to keep in line with other platforms' risk moves. Blockchain.com followed suit, stopping XRP trading and kicking it off their list, following the lead of Coinbase, Binance.US, and OKCoin. Bittrex cut XRP markets for U.S. customers as of Jan. 15, 2021.

Binance's decision to keep XRP trading on its global stage was a lifeline, providing crucial liquidity during all that legal mess. Thanks to Binance's steadfast support, XRP kept its market game strong despite the U.S. regulatory storm.

XRP's been on a rollercoaster lately, dipping 0.2% in the last 24 hours and 0.4% over the past month. But zoom out, and you'll see it's rocketed up 361.1% this year, bouncing back big time from the legal drama.

Binance.US is now back in the XRP game, thanks to some sweet court rulings and the settlement news. That legal dust-up is finally clearing, paving the way for XRP to trade freely on the big U.S. platforms again.