<h1 style="clear:both" id="content-section-0">Things about Ripple Blockchain and XRP News by Cointelegraph<br></h1>
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<p class="p__0">XRP is referred to as an Actual time Gross Settlement System which is a 'currency exchange and remittance network' that independent servers verify. The currency traded is called XRP and transfer times are instant. XRP can be exchanged for most other currencies with its unique selling proposal being the avoidance of fees and wait times frequently related to banks.</p>
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<p class="p__1">XRP is popular with banks and institutions though the XRP token isn't necessarily needed for each transaction. The XRP price page is part of The Coin, Desk 20 that features price history, rate ticker, market cap and live charts for the leading cryptocurrencies. Coin, Desk also provides a suite of institutional-grade price indexes.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://image.cnbcfm.com/api/v1/image/105464532-1537543039592gettyimages-912288394.jpeg?v=1537543092&w=678&h=381" alt="The Ripple Effect - IAS Insider"><span style="display:none" itemprop="caption">Ripple Is Set To Move When SEC Court Case Resumes May 21 - InvestorPlace</span>
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<p class="p__2">Washington D.C., Dec. 22, 2020 The Securities and Exchange Commission revealed today that it has submitted an action against Ripple Labs Inc. and 2 of its executives, who are also significant security holders, declaring that they raised over $1. 3 billion through an unregistered, ongoing digital asset securities offering. According to A Good Read , Ripple; Christian Larsen, the company's co-founder, executive chairman of its board, and former CEO; and Bradley Garlinghouse, the company's current CEO, raised capital to finance the company's organization.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cdn2.hubspot.net/hubfs/53/Ripple.jpg" alt="Ripple (XRP): what is Ripple?"><span style="display:none" itemprop="caption">What Is Ripple (XRP)? - A Complete Guide to the Banking Cryptocurrency</span>
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<h1 style="clear:both" id="content-section-1">The Only Guide to Ripple Blockchain and XRP News by Cointelegraph<br><img width="326" src="https://i.redd.it/3plxtqnyd0l31.jpg"><br></h1>
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<p class="p__3">and worldwide. Ripple likewise presumably distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. According to the grievance, in addition to structuring and promoting the XRP sales used to fund the business's organization, Larsen and Garlinghouse likewise effected personal unregistered sales of XRP amounting to around $600 million.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://kfblaw.com/wp-content/uploads/2018/06/Ripples.png" alt="Why 2021 is the best time to invest in Ripple (XRP)? - by Rinkesh Jha - BuyUcoin Talks - Medium"><span style="display:none" itemprop="caption">Bitcoin vsRipple: What's the Difference?</span>
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<p class="p__4">" Companies seeking the benefits of a public offering, consisting of access to retail financiers, broad circulation and a secondary trading market, should comply with the federal securities laws that need registration of offerings unless an exemption from registration applies," said Stephanie Avakian, Director of the SEC's Enforcement Department. "We allege that Ripple, Larsen, and Garlinghouse failed to register their ongoing deal and sale of billions of XRP to retail investors, which deprived possible buyers of appropriate disclosures about XRP and Ripple's service and other essential enduring defenses that are basic to our robust public market system." "The registration requirements are developed to make sure that possible investors including, significantly, retail financiers get essential info about a provider's company operations and financial condition," stated Marc P.</p>
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