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The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
But President-elect Trump, who once dismissed crypto as a “scam,” embraced it on the campaign trail, becoming the first presidential candidate to accept digital assets. Over on Capitol Hill ...
The FTC data on crypto fraud above, for example, doesn’t include the nearly $9 billion in customer funds that investigators say went missing from FTX’s books before the vaunted crypto exchange ...
Here are some of the common elements of such cryptocurrency scam emails. Unsolicited contact: Legitimate crypto services don’t randomly reach out offering free money. If you receive an ...
In May 2023, Ripple acquired Switzerland-based crypto custody firm Metaco for $250 million. In addition to expanding its potential customer base, the purchase also expanded the company's international presence during a time of increased scrutiny by the SEC towards U.S. cryptocurrency companies.
Nov. 14—EL PASO — Cryptocurrency "Recovery" scams target people who have already lost cryptocurrency to fraud, scams, and theft. As you are trying to make sense of the scam and are upset about ...
The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some ...
Crypto investors were quick to embrace the verdict -- Ripple's price jumped 27% higher in a 90-minute sprint as this gavel bang echoed across the internet. The implications of Ripple's legal ...