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SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
22.12.2020
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that...
Ripple Is Selling 33% of Its Stake in Moneygram
29.11.2020
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....
Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit
15.11.2020
Ripple Labs Inc., issuers of the XRP cryptocurrency, has filed for a new trademark called “Paystring” with the US Patent and Trademark Office (USPTO). The trademark was filed on Nov. 6 and accepted on Friday, according to the USPTO website. Although Ripple did not specify which sort...
Ripple Wins US Patent for New Oracle-Based Smart Contract Design
2.10.2020
Ripple's patented design would allow derivatives to settle based on external information – such as temperature data
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments
14.8.2020
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments
US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2
2.8.2020
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented...
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
Ripple Labs
3.6.2020
Originally OpenCoin Inc, Ripple Labs is the San Francisco company behind the XRP ledger and Ripple payments network. Founded in 2012 by Chris Larsen, Jed McCaleb, and Arthur Britto, it is currently led by CEO Brad Garlinghouse. Ripple Labs can trace its origins back to Ripplepay, a peer-to-peer...
Major Donations Are Coming From Crypto Industry to Fight COVID-19
26.4.2020
Despite their many differences, crypto-related companies are now working together to fight the coronavirus. Will this highlight the significance of the industry?
Ripple CEO’s Public Statements About XRP Token Under Fire in Class-Action Lawsuit
28.3.2020
Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins...
Ripple Labs Donates $200k to Combat COVID-19 Pandemic
27.3.2020
The company will allocate funds in two non-profit organizations to fight coronavirus outbreak in the U.S
Ripple Labs makes Strategic Investment in Towo Labs for Cryptocurrency Self-custody
17.10.2019
Xpring Invests in Towo Labs for cryptocurrency Self-custody Alvila stated that new firmware would support cross-currency payments Towo Labs will use this investment for developing hardware wallet firmware Ripple is also developing another version of XRP Toolkit Xpring, the investment subsidiary...
Ripple Extends University Investment Program to Japan
31.7.2019
Ripple Labs UBRI program adds two new universities amidst increasing pressure from market incumbents