Category: XRP

Ripple CEO Brad Garlinghouse, and executive chairman Chris Larsen plan to request the U.S. Securities and Exchange Commission’s charges against them be dismissed. Each executive and their respective legal teams submitted separate letters to Judge Analisa Torres, who is presiding over the case, to outline the reasons they plan to file for motions to dismiss.

Ripple is piloting a private version of the XRP Ledger that’s designed to provide central banks a solution for powering digital currencies. The project, called the Central Bank Digital Currency (CBDC) Private Ledger, will utilize the same blockchain technology as the XRP Ledger, giving it the ability to handle tens of thousands of transactions per

MoneyGram is facing a new lawsuit over its ties to the blockchain tech company Ripple. A newly filed class-action lawsuit claims the money transfer firm misled, lied or hid from investors pertinent information regarding Ripple and the cryptocurrency XRP. The suit comes months after the U.S. Securities and Exchange Commission (SEC) accused Ripple of selling

Crypto exchanges have as recently as 2019 asked the U.S. Securities and Exchange Commission (SEC) whether they could transact with XRP, and concluded they could move forward, according to new information surfacing from Ripple’s ongoing lawsuit. Lawyer and XRP enthusiast Jeremy Hogan sat in on Ripple’s digital pre-trial court hearing with the SEC on Tuesday,

Payments giant MoneyGram has suspended its use of XRP payments as Ripple deals with an ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC). MoneyGram chief executive Alex Holmes announced the move during a new conference call on the company’s fourth quarter and full-year 2020 financial results. The SEC filed a lawsuit in

Ripple’s top lawyer is responding to the release of an amended court complaint filed by the U.S. Securities and Exchange Commission (SEC). The SEC, which asserts XRP is a security and alleges Ripple illegally sold the digital asset without proper clearance, filed the amended complaint on Thursday. The document adds more details on the role