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Cryptocurrency XRP drops 18% after U.S. SEC charges Ripple over offering

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Cryptocurrency XRP drops 18% after U.S. SEC charges Ripple over offering
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Cryptocurrency XRP drops 18% after U.S. SEC expenses Ripple over providing



FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin digital currencies are seen on a PC motherboard on this illustration image, February 14, 2018. REUTERS/Dado Ruvic/Illustration

Way forward for Cash

Reuters Workers




LONDON (Reuters) – Cryptocurrency XRP tumbled 18% to a one-month low on Wednesday after the U.S. Securities and Alternate Fee (SEC) charged related blockchain agency Ripple with conducting a $1.3 billion unregistered securities providing.

The foreign money final traded at $0.35.

Reporting by Karin Strohecker; Enhancing by Tommy Wilkes

Our Requirements: The Thomson Reuters Trust Principles.


© 2020 Reuters. All Rights Reserved.



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Tags: ChargescryptocurrencydropsOfferingRippleSECXRP

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