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Coinbase has stopped trading one of one of the world’s largest cryptocurrencies

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Coinbase has announced that it will suspend trading of XRP after the US Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple Labs claiming the popular cryptocurrency is really a security.

The reason for this is due to how Ripple raised at least $1.38bn by selling XRP without registering or seeking an exemption for seven years. 

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