How Would You Like a Financial Opportunity Not Available to Americans?

The Security and Exchange Commission (SEC) is suing Ripple Labs “alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.”

Photo by Worldspectrum from Pexels

Ripple executives say that their coin, XRP is not a security, and they never intended it to be. They say they never had an Initial Coin Offering (ICO), which signals their intent to use it only as a means to transfer currency between businesses and individuals. It was never intended as a means of raising funds to benefit Ripple Labs.

Those two company executives are Christian Larsen, its founder and former CEO, and Bradley Garlinghouse, Ripple’s current CEO. Whereas it’s possible the executives profited from the sale of XRP, it is more likely they put those profits back into Ripple Labs.

The SEC alleges that Ripple Labs and its executives did not register their coin or its sale or further satisfy an exemption from registration, which is a violation of US securities laws and provision for sale of those securities.

The SEC Enforcement Division Director, Stephanie Avakian, stated, “We allege that Ripple, Larsen, and Garlinghouse failed to register their ongoing offer and sale of billions of XRP to retail investors, which deprived potential purchasers of adequate disclosures about XRP and Ripple’s business and other important long-standing protections that are fundamental to our robust public market system.”

According to article, XRP Is Worth More Today Than Before SEC Lawsuit Against Ripple, “Broadly speaking, a security is an investment contract that signifies a stake in a financial venture with the expectation of future profits. The SEC regulates securities sales in the US.”

Most investors believe the suit will either be settled out-of-court, or it won’t affect Ripple and XRP’s market value. The fact is, Ripple, does far more business overseas than in the US, and XRP’s market cap is nearly $1B higher than at the first of the year.

The rub seems to be that buyers are not being provided financial data most don’t read anyway. However, there is some merit in buying coins registered with the SEC rather than some non-fungible tokens (NFT) available on the web.

What Is Ripple?

According to their website, Ripple can be used to transfer funds around the world within seconds with no pre-funding or transfer failures. What’s more, transferring funds using XRP is far cheaper than BTC, Western Union, PayPal’s Xoom (which is pretty cheap), or most other cryptocurrencies. I moved $200 earlier for the equivalent of $.25 or 18.35 Rupee this morning.

Many federal agencies worry about money laundering with cryptocurrency; however, blockchain’s very definition makes its transfer more transparent and easier to track than fiat currencies (federal currencies).

Blockchain definition, “…a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.”

Why Buy XRP?

You need to ask yourself why you would leave your money in a bank at .1% interest when inflation is at least 3%. Granted, you should keep an emergency fund in the bank.

Besides the coin’s value escalating daily, there are other benefits in buying XRP for individuals outside the USA. The coin was worth $3 at one time; that’s nearly five times what it is now.

You can buy $10,500 Philippine Pesos (PHP), 20 Ringgit (MYR), 550 Yen, or 367 Rupee worth of XRP, you don’t need to buy whole coins or invest a lot of money to get a chance to profit from the coin’s expanding value.

What’s more, XRP has outpaced Bitcoin, Litecoin, Chainlink, and Ethereum in 2021 sales.

Disclaimer: This is not intended as investment advice. I am not a trained investment advisor. If I were an advisor, I would say don’t invest more than you can afford to lose, nor invest with money you might need for an emergency. That way, if you buy a coin that suddenly dips, you can wait for the price to recover.

“Don’t enter any investment without fully understanding the worst-case scenarios of that investment. Various statements contained here, including those that express a belief, expectation, or intention, and those that are not statements of historical fact, are forward-looking statements.”

What’s more, you should always have a plan and try to stick to it. I invest $100 per month or 4825 PHP in XRP. I plan to keep it there until the price hits $3.00 per coin. The price has gone up 15% while I was writing this story.

How Can You Buy XRP Outside of the US?

The best way to buy XRP outside the US is to use a secure wallet. Do not use fly-by-night clubs who say they re-invest all member’s money in a coin or security to get a bigger profit. This is ludicrous.

In the Philippines, you can use There are plenty of how-to articles and videos that explain the process, and you can use your wallet to pay bills and buy items online. When you refer others to, you get a reward, and you can get cash-back for paying your bills with it.

You can buy $5 worth, as I stated above, without a fee. Why would you pay someone to invest your money for you? They have no better idea of the market’s top or bottom than you do.

I use what is known in the industry as dollar-cost-averaging, or you could replace the dollar with your country’s currency. It’s the same concept. Since no one without a crystal ball can predict the market’s movement, if you put the same amount in every month or pay period, you don’t have the anxiety of trying to invest at the perfect time.

Plus, having a solid plan to invest a specific amount on payday could keep you from spending that before you have the chance to save.

Two other excellent places to invest are E-Toro and Binance. These are well-known and respected methods to invest online.

What Is E-Toro?

E-Toro is a method of investing without paying commissions or owning the security. Whether it is cryptocurrency, stocks, futures, etc. You can invest a little and hold it until it becomes profitable.

Many say, “Oh, I lost money there.” In fact, 86% of Binance investors lose money.

No one will force you to sell at a loss. The reason some do is fear, or they need the money they put in there to buy necessities. Never use the money you can’t afford to lose.

Here’s an excellent E-Toro explainer video for beginners, E-Toro For Beginners — How to Trade on E-Toro (Perfect for Cryptocurrency, Stocks, Commodities, ETFs)

MamaFurFur uploaded this video to YouTube, so if you enjoyed it, “like” or subscribe.

What Is Binance?

Binance gives you the ability to buy many crypto coins and tokens. You can invest a little in multiple coins or tokens. According to, “Binance is a crypto-to-crypto exchange. This means that users can only use it to trade cryptocurrencies. If you don’t already own some cryptocurrency, then you’ll need to buy some before you can start trading with Binance. I suggest using an exchange that offers fiat currency trading like Coinmama, CEX.IO, or Coinbase.”

However, you can buy BTC, XRP, or another coin with your credit or debit card and then trade.

Here is a good Binance how-to video for beginnings.

MoneyZG uploaded this video to YouTube. If you found it useful, “like” or subscribe.


The SEC Press Release, SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering.

The Ripple website.

The article, XRP Is Worth More Today Than Before SEC Lawsuit Against Ripple.

Various YouTube explainer video listed in the article.

About the Author Photo by Jean Springs from Pexels

Stephen Dalton is a retired US Army First Sergeant with a degree in journalism from the University of Maryland and a Certified US English Chicago Manual of Style Editor. Top Writer in Fiction, Transportation, VR, NFL, Design, Creativity, and Short Story.

Website | Facebook | Twitter | Instagram | Reddit | Ko-fi | NewsBreak

If you want to write for NewsBreak, you can use my link. I will get $50 when you are approved and publish your first article; then, I will get another $200 when you publish 50 articles. You can do the same once you get approved.

I would suggest using your portfolio, author page, website, or several samples rather than your Medium profile as they are competitors.

Stephen Dalton is a retired US Army First Sergeant with a degree in journalism from the University of Maryland. Top Writer in VR, Short Story, and Creativity!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store