Genesis Trading, a popular crypto trading, and lending platform sent out a cautionary email to its customers informing them that they are halting XRP trading and lending services owing to the SEC security lawsuit against Ripple and two of its executives. The trading platform informed the customers on its platform that they have suspended all XRP trading services while they would have until January 15 to sell their XRP holding if there is enough liquidity for the token.
Genesis joined the growing list of crypto platforms to delist all XRP related services from their platform owing to XRP’s security accusations. Yesterday Coinbase, OKCoin, and Bittrex announced the delisting of the XRP token.
This story is being updated….
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Source: Genesis Sends Out Email Informing Customers About Suspending XRP Trading & Lending