Ripple | ForkLog

ForkLog 9 18.05.2021

SEC deems XRP holders extremely biased

The U.S. Securities and Exchange Commission (SEC) has filed another motion opposing XRP holders’ participation in the Ripple case, calling them extremely biased. The regulator argues investors cannot join as amici curiae, contending their stake in the outcome would compromise objectivity. John Deaton of the Deaton Law Firm criticized the SEC's conduct and XRP holders argued they meet the requirements to participate. The SEC previously charged Ripple with unregistered sale of securities tied to XRP, later narrowing focus to Brad Garlinghouse and Chris Larsen. In March 2021 the regulator sought to block the XRP holders’ motion; a New York court later supported the investors. In May, Ripple supporters were said to have launched a crusade against the agency.

AI translated

ForkLog 15 14.05.2021

Singapore’s largest bank launches cryptocurrency-based trusts

The DBS Bank private bank division for high-net-worth clients added investment trusts based on Bitcoin, Ethereum, Bitcoin Cash and XRP to its product line. CoinDesk reports.

AI translated

ForkLog 11 13.05.2021

Opinion: Elon Musk’s tweet launched the ‘best advertising campaign’ for XRP

Tesla CEO Elon Musk, in his tweet, handed Ripple on a silver platter the best advertising campaign for XRP token from the fintech firm, according to attorney John Deaton. Whatever ruin think of @elonmusk, he just handed @Ripple @bgarlinghouse @chrislarsensf @JoelKatz and @s_alderoty the best Ad campaign for #XRP on a silver platter. I know they’ve been making the “energy” case […]

AI translated

ForkLog 17 07.05.2021

Ripple’s XRP sales revenue climbs to $150 million in Q1 2021

In Q1 2021, Ripple's revenue from selling its own tokens nearly doubled, according to the XRP market report.

AI translated

ForkLog 14 05.05.2021

Former U.S. Treasurer Rosie Gumataotao Rios Joins Ripple

Former U.S. Treasurer Rosie Gumataotao Rios joined Ripple's board of directors. The company also appointed a new chief financial officer — Kristina Campbell, former head of PayNearMe and Green Dot.

AI translated

ForkLog 16 04.05.2021

SEC: XRP holders launch a ‘crusade’ against the agency

The SEC moved to oppose XRP holders' participation in the Ripple case.

AI translated

ForkLog 14 30.04.2021

Ripple to go public after SEC lawsuit settlement, says SBI Holdings chief

Ripple has not abandoned plans for an IPO despite the SEC lawsuit, according to Yoshitaka Kitao, head of SBI Holdings, during a teleconference.

AI translated

ForkLog 19 26.04.2021

Foreign regulators refuse to help the SEC in Ripple case

Foreign regulators rejected the SEC's requests for information about Ripple's operations. The agency sent the inquiries after the company failed to provide documents on transfers of XRP tokens abroad, according to the letter.

AI translated

ForkLog 17 14.04.2021

CoinShares to launch a physically backed XRP ETP

Crypto asset manager CoinShares announced the launch of an exchange-traded product (ETP) based on Ripple's XRP token.

AI translated

ForkLog 28 13.04.2021

XRP price tops $1.80 as Ripple leadership files motion to dismiss SEC suit

On Tuesday, April 13, XRP price hit a new high, rising above $1.60. This followed the filing of a motion by Ripple founders Brad Garlinghouse and Chris Larsen to dismiss the SEC's lawsuit.

AI translated

ForkLog 34 11.04.2021

Court rejects SEC request to disclose Ripple executives’ personal financial information

Magistrate Judge Sarah Netburn has found no need to disclose the personal financial statements of Brad Garlinghouse and Chris Larsen at the SEC's request as part of the regulator's Ripple lawsuit.

AI translated

ForkLog 10 08.04.2021

Ripple community calls on Gary Gensler to drop lawsuit against Ripple

Lawyer Thomas Hodge urged Gary Gensler to look into the case against Ripple after his appointment as SEC chair.

AI translated

#Ripple