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The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The Securities and Exchange Commission (SEC) sued Ripple and XRP founders Christian Larsen and Brad Garlinghouse for selling XRP in 2013 as an unregistered security. The case had broad ...
However, Ripple’s, and thus XRP’s, future success could hinge on the ongoing lawsuit by the SEC. Daria Uhlig contributed to the reporting for this article. Data is accurate as of Dec. 13, 2022 ...
Image source: Getty Images. The saying "A rising tide lifts all boats" typically holds true in crypto, meaning that during bull markets, the prices of many cryptocurrencies tend to rise together.
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
Multiply by 365/7 to give the 7-day SEC yield. To calculate approximately how much interest one might earn in a money fund account, take the 7-day SEC yield, multiply by the amount invested, divide by the number of days in the year, and then multiply by the number of days in question. This does not take compounding into effect.
XRP is on the move today, testing resistance levels early. Uncertainty over the outcome of the SEC v Ripple case remains, however, ahead of a key ruling.
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