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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...
Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security
29.1.2021
Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit...
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
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...
Market Wrap: Bitcoin Rangebound as XRP Plummets After SEC Lawsuit
23.12.2020
Bitcoin continues trading below $24,000 as legal action by the SEC rattles the XRP market
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
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 CEO Walks Back Threat to Leave US
3.12.2020
Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit
Ripple’s Brad Garlinghouse wants bitcoin to succeed after all
19.11.2020
He clarified that Ripple isn't trying to compete with Bitcoin during a podcast appearance
Ripple Joins Business Alliance Advocating ‘Safe and Accessible’ US Election
3.11.2020
Blockchain payments startup Ripple has joined an alliance comprising of almost 1,000 major U.S. companies and CEOs calling for calm and fairness in Tuesday's presidential election
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
24.10.2020
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments...
Ripple Eyeing Move to London Over XRP-Friendly Stance, CEO Says
23.10.2020
It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse
Ripple CEO Threatens to Relocate Company Overseas Due to Unfavorable US Regulation
13.10.2020
Ripple chief executive officer Brad Garlinghouse has threatened to move the company’s headquarters overseas should the U.S. fail to level the playing field with an unambiguous regulatory framework. In a series of tweets on Oct.12, Garlinghouse said: “The lack of a single national...
Brad Garlinghouse Open to Move Ripple to Another Country
13.10.2020
Brad Garlinghouse, Co-founder and CEO of one of the biggest crypto-blockchain companies in the world, Ripple, has expressed his concerns over certain US regulatory agencies. In a Twitter thread posted on Monday, Brad hinted that although he or his company has no plans of moving to any other...
Ripple Has Mixed Success in Motion to Dismiss Lawsuit Alleging Securities Fraud
6.10.2020
The judge threw out some of the claims in the lawsuit but the case can continue based on others relating to allegedly misleading statements by CEO Brad Garlinghouse
Flare proposes new bridge to allow XRP to be used on Ethereum
27.8.2020
The Flare Network plans to build a new two-way bridge connecting XRP to the Ethereum ecosystem
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...
Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’
31.7.2020
Ripple has hit back at the lead plaintiff in an ongoing class-action lawsuit accusing the firm and its CEO of securities fraud
Ripple Says XRP Lawsuit Fails to Show CEO Committed Fraud
9.6.2020
Ripple's court filing says CEO Brad Garlinghouse could still be "long" on XRP and sell a claimed 67 million tokens on the open market
Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China
27.5.2020
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China