XRP recently made a sharp reappearance on Coinbase Pro.
This caused its price to jump 14% in just few minutes.
The top US-based exchange delisted the token from its platform after U.S. Securities and Exchange Commission (SEC) lawsuit.
It claims Ripple sold XRP as an unregistered security for years.
Coinbse said there was a glitch in their system, causing XRP to appear on its professional trading platform.
The coin was however removed immediately upon discovery.
The exchange maintained that no one was able to buy or sell the token at that period.
“As previously announced, Coinbase has suspended trading in XRP. Due to a technical issue, XRP was temporarily viewable on the Coinbase Pro mobile app for some customers but was not tradeable.”
After the quick price spike to $1.24, XRP’s price declined to $1.08 price level.
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