Ripple

From Ripple lawsuit to Washington's urgency, this former counsel reveals it all

From Ripple lawsuit to Washington’s urgency, this former counsel reveals it all

From SEC’s lawsuit against Ripple to Washington’s urgency, this former counsel reveals it all Laura Shin released the latest episode of the Unchained podcast in which she interviewed Coy Garrison. He is the former counsel of SEC Commissioner Hester Pierce and comes with first-hand knowledge of the SEC and its operations. In this interview, Garrison …

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Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator

Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator

The official announcement didn’t mention Barr’s background with the financial industry, which also included a stint at financial-technology platform Lending Club. Barr was hired in 2015 on the board of Ripple Labs, when he said that he thought “innovation in payments can help make the financial system safer, reduce cost, and improve access and efficiency …

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What SEC v. Ripple has in common with the allegations against Sun, TRON

What SEC v. Ripple has in common with the allegations against Sun, TRON

If TRON DAO – née TRON – wasn’t enough of a conversation starter, an investigative piece by journalist Chris Harland-Dunaway published in The Verge dropped a bomb. It accused Tron founder Justin Sun of actions ranging from getting ICO ban tip-offs to insider trading. In a conversation with journalist Laura Shin, Harland-Dunaway revealed more details …

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XRP soars >15% as Ripple wins the “Fair Notice Defense, but what's next

XRP soars >15% as Ripple wins the “Fair Notice Defense, but what’s next

The San Francisco-based payments company has long argued that the SEC didn’t give adequate notice of considering XRP to be a security. In fact, Brad Garlinghouse, CEO at Ripple had reiterated the same in a 19 February tweet. Nonetheless, sensing a possible victory, defendant had clamped down on the SEC with different significant strikes. Checkmate? …

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SEC's Gensler doesn't have much to say about Ripple or XRP... except this

SEC’s Gensler doesn’t have much to say about Ripple or XRP… except this

The Gary Gensler-led Securities and Exchange Commission (SEC) has repeatedly aired its concerns about spot Bitcoin Exchange Traded Funds (ETFs). In fact, the Chairman believes there is a lack of infrastructure designed to prevent fraudulent and manipulative acts and practices. According to the agency, this wouldn’t serve the SEC’s intent to protect investors and public …

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Ripple announces stock buyback, nabs $15 billion valuation

Ripple announces stock buyback, nabs $15 billion valuation

advertisement Distributed ledger tech company Ripple has nabbed a $15 billion valuation after a private stock buy-back, the company said Monday.  The company is repurchasing equity shares from investors in its Series C, which includes Tetragon, a company that unsuccessfully sued Ripple last year. At the time of the previous raise, Ripple’s valuation stood at …

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XRP lawsuit update: Ripple opposes SEC's motion to strike citing 'cherry-picked facts'

XRP lawsuit update: Ripple opposes SEC’s motion to strike citing ‘cherry-picked facts’

The SEC v. Ripple battle has prolonged itself for more than five months now, yet there are no signs of it concluding. The lawsuit further unfolded on Thursday after Ripple filed its Memorandum of Law in opposition to SEC’s “lack of due process” and “fair notice” criticism. The regulatory watchdog has also accused Ripple Labs …

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Despite SEC lawsuit against Ripple, why this was a quarter of XRP accumulation

Despite SEC lawsuit against Ripple, why this was a quarter of XRP accumulation

On 22 December, SEC charged Ripple for allegedly raising funds, through the sale of XRP in an “unregistered securities offering to investors.” According to the filing, co-founder Chris Larsen and CEO Brad Garlinghouse also “effected personal unregistered sales of XRP totaling approximately $600 million.” This action instigated by the SEC resulted in the immediate drop …

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Personal financial records of Ripple execs sought by the SEC

Personal financial records of Ripple execs sought by the SEC

The cryptocurrency market has been witnessing quite an event unfolding between the U.S. Securities and Exchange Commission and Ripple. There has been a lot of back and forth between the two parties and as per the latest development, the SEC is seeking the personal financial information of the Ripple executives named in the lawsuit. Ripple …

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