Cryptocurrency XRP tumbled 24% on Wednesday after the U.S. Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. XRP, the third-biggest cryptocurrency by market value, dropped to as low as $0.33, its weakest in a month, after the announcement from the SEC, which also saw two executives of San Francisco-based firm charged for personal gains they received from the offering.Ripple has rejected the charges, saying XRP is a currency and does not need to be registered as an investment contract. Financial regulators around the ... (full story)