POLICE have arrested a 23-year-old woman over the alleged theft of $450,000 worth of the cryptocurrency ripple.
POLICE in New South Wales have arrested a 23-year-old woman over the alleged theft of more than $450,000 worth of the cryptocurrency ripple. Detectives from the State Crime Command’s Cybercrime Squad established Strike Force Rostrevor in January to investigate the theft of 100,000 units of ripple from the electronic account of a 56-year-old man. At the time, the cryptocurrency was trading at about $US3.18. Ripple has lost nearly 90 per cent of its value since its January peak of $US3.39. Today, the 100,000 units are worth about $65,000.
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Ripple’s (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
Ripple (XRP) is down 2.18% over the past 24 hours and is currently trading at $0.452337 on CEX.io. It's market cap is currently $18.09 B
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