By Katanga Johnson
WASHINGTON (Reuters) – The U.S. Securities and Trade Fee (SEC) on Tuesday stated it filed an motion in opposition to , the blockchain funds firm related to the cryptocurrency XRP, charging it with conducting a $1.3 billion unregistered securities providing.
The SEC stated it additionally named two executives of San Francisco-based Ripple within the motion. Ripple created and offered XRP, the third-biggest cryptocurrency by market worth.
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