MoneyGram – Page 3

MoneyGram suspends Ripple partnership, citing SEC lawsuit

“Due to the uncertainty concerning their ongoing litigation with the SEC, the company has suspended trading on Ripple’s platform,” says MoneyGram’s quarterly outlook.

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Moneygram Distances Itself From the Ripple Turmoil With the US SEC

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 the US SEC Lawsuit According to the official statement, Moneygram […]

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MoneyGram distances itself from Ripple, says it doesn’t utilize RippleNet

MoneyGram sheds light on the nature of its partnership with Ripple.

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Ripple has sold $15M of its stock in MoneyGram

Ripple’s partnership with MoneyGram may not be as warm as it once was, but it’s paying off.

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Ripple Is Selling 33% of Its Stake in Moneygram

Ripple Is Selling 33% of Its Stake in Moneygram Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At […]

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US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2 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 investors wanted the court to determine whether the “native token […]