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Cross border payments firm MoneyGram yesterday issued a statement in light of the Securities and Exchange Commission’s (SEC) recent action against Ripple. Earlier this week, the SEC charged Ripple—the firm behind the cryptocurrency XRP—with raising $1.3 billion in an unregistered securities offering. The SEC alleges Ripple raised these funds through unregistered XRP sales to investors …
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Brad Garlinghouse, CEO of payments technology firm Ripple, said yesterday that the US Securities and Exchange Commission (SEC) was preparing a lawsuit against the firm’s alleged unlicensed issuance of XRP tokens. This morning, Garlinghouse said Ripple would “fight back” the lawsuit and the supposed discrimination against the company, stating the proceedings were an attack against …
Continue reading “Crypto Fans React to Ripple Lawsuit on ‘Unlicensed’ XRP Sales”
