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Ripple Lawsuit

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Ripple is the company that owns the digital asset XRP. XRP is most commonly known to help with cross boarder payments. This would assist in sending and receiving money within a matter of seconds anywhere across the world. In December of 2020, the value of XRP was starting to go upwards of $1.50 per token. Almost a 60% move in less than a week. During this time the SEC decided file a lawsuit against Ripple for selling XRP as unregistered securities. This caused the value of XRP to drop by 50% in less than 24 hours. They have been battling this lawsuit since the peak of the pandemic. After numerous trials, the court has finally decided to have both parties come up with a final decision according to Finance Feeds. The general consensus is that there will either be a settlement or the court will rule that Ripple is not selling XRP as unregistered securities. If the court decides that XRP is not a security, than people are anticipating that the value of XRP will increase dramatically. — Preceding unsigned comment added by Kevincao13 (talkcontribs) 03:39, 30 April 2022 (UTC)[reply]

Extended-confirmed-protected edit request on 15 March 2023

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"Ripple" should be replaced with "XRP" or "Ripple's XRP" as XRP is the DLT-Blockchain Protocol while Ripple, Inc. is the company that designed it. 160.83.72.101 (talk) 20:44, 15 March 2023 (UTC)[reply]

 Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a reliable source if appropriate. Where should this change be made? GiovanniSidwell (talk) 20:50, 15 March 2023 (UTC)[reply]

Extended-confirmed-protected edit request on 12 April 2023

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I think this article could use an update. XRP (the crypto currency) automatically redirects to Ripple (the company). Its a bit like saying Microsoft and Windows are the same thing. But if Microsoft went bankrupt, Windows the software will continue to operate just fine. XRPs are sold and transfered in the secondary marked, and it has nothing to do with Ripple any more. Further, XRP is not on trial. Ripple executives are on trial for selling XRP, which is a different matter. 79.161.216.232 (talk) 08:14, 12 April 2023 (UTC)[reply]

 Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a reliable source if appropriate. M.Bitton (talk) 11:18, 12 April 2023 (UTC)[reply]

Tag and name

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I removed a lot of low-quality sources. This article is left with almost no coverage, tempted to nominate it for WP:AFD and thought would give a little time to other editors to add content. Might also qualify for a merge into Ripple Labs. FYI, only add mainstream WP:RS like wsj, nyt, bloomberg, ft.com. Do not add any forbes contributor sources, low-quality fintech sources, blockchain sources (coindesk and binance, etc). Seems that this so-called blockchain (if it is even one) is not notable aside from the company that operates it. Jtbobwaysf (talk) 17:33, 20 November 2024 (UTC)[reply]

What do you think of this source — Arslanian, Henri (2022). The Book of Crypto: The Complete Guide to Understanding Bitcoin, Cryptocurrencies and Digital Assets. Springer Nature. p. 112. ISBN 978-3-030-97951-5.{{cite book}}: CS1 maint: url-status (link) — copied from the article Decentralized finance? Springer is generally a reputable publisher. BD2412 T 21:52, 20 November 2024 (UTC)[reply]
Looks ok to me. Does this book refer to "XRP Ledger"? Clearly the Ripple company is notable, but is this (maybe) blockchain notable? Does the book go in to depth about it? The issue here is the three remaining sources we seem to have, none of them refer to this ledger right? Do any of them even refer to this so-called ledger (or blockchain)? Or are they just referring to someone getting some XRP? The latter could all be dealt with on the Ripple article. Jtbobwaysf (talk) 22:15, 20 November 2024 (UTC)[reply]
I think that this book actually draws the distinction between the platform and the company very nicely. The first sentence says "XRP is a digital asset built for payments and is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology"; the opening paragraph goes on to say that it is "important to understand the difference between XRP, Ripple, and RippleNet, which is on top of the distributed ledger database called XRP Ledger" and that "Whilst RippleNet is run by a company called Ripple, XRP Ledger is open source". Interestingly, the next page and a half goes on to describe the functioning of XRP Ledger in some detail without mentioning "Ripple" again at all. BD2412 T 23:37, 20 November 2024 (UTC)[reply]
Might be good to add that to this article. As of now the article is not distinctive enough from the Ripple corp article. One book is not enough to justify notability, but it is a start. Jtbobwaysf (talk) 10:57, 21 November 2024 (UTC)[reply]
I note that "XRP Ledger" also gets a pretty good number of hits in titles of articles on Google Scholar. BD2412 T 14:54, 21 November 2024 (UTC)[reply]

Extended-confirmed-protected edit request on 20 November 2024

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There is a repeat of "XRP has been noted to have substantially greater energy efficiency (and therefore less environmental impact) than most cryptocurrencies." in the first paragraph. We should remove one of them. Rugulele (talk) 21:32, 20 November 2024 (UTC)[reply]