Peter Brandt openly called XRP token a security issued by Ripple

Prominent commodity trader Peter L. Brandt, who has also been trading Bitcoin over the past few years, has published a tweet in which he calls XRP an OTC security.

“XRP is a security issued by Ripple Labs”

Peter Brandt has shared an XRP/USDT chart on which he expects a Head and Shoulders pattern. He pointed out that he does not trade OTC securities, though.

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