Brad Garlinghouse

Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency

<div class=”featured_image_container”> </div> <strong>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.</strong> Moneygram Stops Using Ripple’s Platform Moneygram International announced Monday that it …

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Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon

<div class=”featured_image_container”> </div> <strong>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.</strong> Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his …

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Moneygram Distances Itself From the Ripple Turmoil With the US SEC

<div class=”featured_image_container”> </div> <strong>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.</strong> Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the …

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XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple

<div class=”featured_image_container”> </div> <strong>Ripple’s <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a> 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 …

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Ripple CEO Walks Back Threat to Leave US

The Takeaway Ripple used to position itself as the regulator-friendly crypto firm. Now the company is threatening to leave the U.S. over regulatory uncertainty. Lack of clarity from the SEC about XRP’s legal status looks to be the sticking point.  The company is fighting several private investor lawsuits over the securities question and reportedly eyeing …

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Ripple CEO Threatens to Relocate Company Overseas Due to Unfavorable US Regulation

American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’ American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses … read …

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Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’

The lead plaintiff in an ongoing class-action lawsuit accusing Ripple of securities fraud has not demonstrated that statements made by CEO Brad Garlinghouse in 2017 are false, Ripple claims in court documents filed Wednesday. See Ripple’s filing in full below: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the …

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