On 30th of October Ripple Labs announced suspension of creating a new ripple trade account. just a month and half later, 15th of December Ripple Labs officially announced that the operation of ripple trade will be terminated in early 2016. This message was sent to each user in Japanese, but a few English mails were sent later on. Many  users misunderstood the content of the e-mails.

Therefore we would like to point out a few important information of the mails.

1. Ripple will suspend the operation of Ripple Trade in early 2016.

2. The wallet of account holders is being managed on the ripple trade system currently, after the suspension of  ripple trade, Ripple is recommending to migrate to gateways that handle ripple exchange.

(However, ripple says that they are not responsible for those gateways and transactions with gateways)

3. Ripple is now saying  that it will build “GateHub) where users can migrate your funds to other gateways with a few clicks away, in the next week, 20th~26th of December.

Ripple account holders must manage your assets knowing information listed above. In the market there are many rumor of ripple trade, but please do not jump to the severe conclusion. Please act carefully.

Our company will inform you every times when we receive news from Ripple. In the world, virtual coins still exists

If you are ripple account holder, and not understand what is happening, please ask for GGC support.

If you hold ripples in GGC management site, and do not have ripple accounts, BGG will manage your assets with responsibility. So do not worry!

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