Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities

Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities — Urges Elected Officials to Take NoticeRipple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that governs his agency’s power. “It’s time for elected officials in the U.S. to take notice,” the Ripple executive stressed. Ripple’s […]

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Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO SaysRipple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood […]

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Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple Lawsuit

Nexo Sued for 'Unlawful' Liquidation of Clients' Collateral XRP Amid SEC's Ripple LawsuitCrypto lending firm Nexo is facing a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the use of the cryptocurrency as collateral without giving notice to clients and subsequently liquidating the tokens. This happened following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple and its executives. Nexo Sued […]

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Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency

Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP CryptocurrencyMoneygram 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. Moneygram Stops Using Ripple’s Platform Moneygram International announced Monday that it has suspended trading […]

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