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Why XRP Is Skyrocketing Today

The Motley Fool

XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and Exchange Commission ( SEC ) against Ripple Labs -- the company that created the cryptocurrency. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m.

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Why Coinbase, Cardano, and Solana Are Rising Today

The Motley Fool

Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP). based crypto exchange Coinbase (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m. In late 2020, the SEC sued Ripple for raising $1.3 securities laws. securities laws. Shares of the large U.S.-based

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Judge Says XRP Is Not Always a Security -- the Price Is Rocketing Higher

The Motley Fool

ET after Ripple scored a big victory in court when a federal judge ruled that XRP is not "necessarily" a security. Securities and Exchange Commission (SEC) sued Ripple several years ago, claiming the company sold XRP tokens without registering them with the SEC, which violated securities laws because XRP is in fact a security.

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If You'd Invested $1,000 in Ripple (XRP) 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

The Securities and Exchange Commission (SEC) filed a lawsuit against the Ripple Labs organization in December 2020, throwing a spanner in its growth plans. crypto exchanges had frozen their clients' Ripple balances and halted trading of the token. Soon, all the U.S. But the bumps have evened out over time.

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Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

Its purpose is to move money across international borders with low fees, fast transactions, and unbreakable security. They also tend to come with unfavorable exchange rates, keeping more money in the payment processors' pockets. The courts have sided with Ripple, and the SEC might not file an appeal of that verdict.

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The Ultimate Cryptocurrency to Buy With $1,000

The Motley Fool

Securities and Exchange Commission (SEC) launched a lawsuit against Ripple Labs and some of its top executives in December 2020. billion of cash investments by creating a new security, which wasn't registered with the SEC as you would a new stock, bond, or convertible debt papers. billion today.

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Better Cryptocurrency to Buy Right Now: Bitcoin vs. XRP

The Motley Fool

Securities and Exchange Commission (SEC) lawsuit over the past four years. It says its blockchain can process real-time gross payments, remittance transfers, and currency exchange transactions at a faster rate with much lower fees. XRP's price jumped earlier this month after Ripple finally settled its SEC lawsuit.