⚡️Hamster Academy⚡️
Hey Hamsters! 🐹 Have you heard of the digital asset payment system created years before Bitcoin? And about the years-long legal battle that is defining the landscape of the crypto industry regulation? Today’s Academy is about Ripple, XRP, and its legal battle with the SEC. Discover how Ryan Fugger's 2004 creation of RipplePay predated Bitcoin, and how David Schwartz, Jed McCaleb, and Arthur Britto later redefined digital payments. Learn about the evolution of Ripple's blockchain infrastructure, the rise of XRP, and the pivotal involvement of Chris Larsen. We delve into the SEC's 2020 allegations against Ripple for selling $1.3 billion in unregistered securities, the subsequent delisting of XRP from major exchanges like Coinbase, and the court rulings that followed. From the SEC's contention over registration requirements to the significant court decision in July 2023 that distinguished XRP's status between public and institutional sales, this video covers it all. We'll also discuss the latest developments, including the SEC dropping charges against Ripple executives and the ongoing debate over penalties. This legal battle is not just about Ripple; it has far-reaching implications for the entire cryptocurrency landscape. Stay informed and subscribe to Hamster Kombat for more insightful content 💪
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#hamsterkombat #hamsteracademy #crypto #cryptocurrency #cryptocurrencies #crypto101 #cryptoexplained #cryptocurrencyexplained #cryptoforbeginners #ripple #ripplexrp #ripplenews #xrp #xrpripple #xrpcoin #xrpnews #sec #ripplesec
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