The Hell Is Ripple?

XRP is the seventh largest cryptocurrency by market cap. It's a little over $20 billion at the kind of time of recording. The majority of all of those have been in an escrow since 80 billion XRP tokens sounds a lot. This quote unquote gift represents 80% of the total supply owned by the founding team of Ripple Labs. In December 2020, two of its executives were sued by the SEC for selling XRP tokens, which the SEC classified as an unregistered security.