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XRP Jumps as Ripple's Partnership With MoneyGram Ends (For Now)
9.3.2021
XRP moved higher after US-based blockchain company Ripple announced that its partnership with the American money transfer firm MoneyGram has ended for now.
At the time of writing (05:24 UTC), XRP, ranked 7th by market capitalization, trades at USD 0.483 and is up by almost 4% in a day and 8% in...
Ripple and MoneyGram to 'wind down' partnership
9.3.2021
While the partnership between Ripple and MoneyGram has been officially terminated, the two firms have expressed they are open to resuming collaboration in the future
MoneyGram Slapped With Lawsuit Over Ripple, XRP Partnership
2.3.2021
The money transfer firm MoneyGram is facing a class action lawsuit claiming that the company made false and/or misleading statements about its partnership with American blockchain company Ripple and the legal status of the XRP token.
Per a press release by Rosen Law Firm, the suit has already...
MoneyGram faces lawsuit over alleged false statements regarding XRP
2.3.2021
Ripple partner MoneyGram is being sued by investors alleging the firm issued misleading statements and failed to disclose XRP's status as an unlicensed security
Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency
23.2.2021
Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using...
MoneyGram Says it Still Supports Ripple Despite Partnership Pause
23.2.2021
The money transfer firm MoneyGram claims its support for Ripple is still in place, despite an announcement that it will suspend the receipt of “market development fees” – but the two companies endured a bitter fate on the stock market, with the former’s stocks (many of which are Ripple-owned)...
MoneyGram suspends Ripple partnership, citing SEC lawsuit
22.2.2021
"Due to the uncertainty concerning their ongoing litigation with the SEC, the company has suspended trading on Ripple's platform," says MoneyGram's quarterly outlook
Moneygram Distances Itself From the Ripple Turmoil With the US SEC
25.12.2020
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of...
Binance to Exit South Korea, MoneyGram on Ripple + More News
24.12.2020
Source: Adobe/Negro Elkha (edited by Cryptonews.com)
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Exchanges news
Binance is to shut down its South Korean operations with almost immediate...
MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
24.12.2020
MoneyGram sheds light on the nature of its partnership with Ripple
MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple
23.12.2020
"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk
Ripple has sold $15M of its stock in MoneyGram
5.12.2020
Ripple's partnership with MoneyGram may not be as warm as it once was, but it's paying off
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 Is Cashing Out a Third of Its Stake in Surging MoneyGram
28.11.2020
It is the first such sale of MoneyGram stock since the startup invested in the remittance giant in 2019
Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
30.10.2020
Tomorrow marks the 12th anniversary of the Bitcoin white paper
Ripple Keeps Pumping Funds Into MoneyGram
30.10.2020
All in, Ripple has funded the money sender to the tune of over $52 million for providing liquidity to one of its payments products
Taxes in Petro, Goldman Sachs Sells MoneyGram Shares + More News
13.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
The mayors of hundreds of Venezuelan cities and regions have voted to allow citizens to pay taxes and fines in...
Goldman Sachs Sells $6.5M of Shares in Ripple Partner MoneyGram: SEC Filing
13.8.2020
Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million
Goldman Sachs Sells $6.5m of Shares in Ripple-Partner MoneyGram: SEC Filing
13.8.2020
Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million
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...