FIL Up 3% Despite the US SEC Calling Filecoin A Security | Coingape

FIL, the native cryptocurrency of the decentralized storage system Filecoin is up by 3% over the last 24 hours and is currently trading at $4.61 with a market cap of $1.9 billion. The recent up move in FIL comes despite the U.S. Securities and Exchange Commission (SEC) calling Filecoin a security.