Ripple Remittances Partner Says SEC’s Claim That XRP Is an ‘Investment Contract’ Is False

A partner company of payments platform Ripple says the U.S. Securities and Exchange Commission’s (SEC) claims that XRP is an investment contract are untrue. According to new documents, I-Remit, a global remittances network, is filing an amicus brief in support of Ripple claiming that the SEC’s claims against the firm hold no water.