Ripple asks court to drop fraud charges
Attorneys for Ripple said the plaintiff had failed to establish that representations were false.
Attorneys for Ripple said the plaintiff had failed to establish that representations were false.
MoneyGram has $878 million worth of debt and has been hit hard by the COVID-19 pandemic.
Jed McCaleb was on the team that founded Ripple—and for a very long time, he has been selling upwards of 1 million XRP per day.
Ripple has been sued, again. And just like with the many others before it, the latest lawsuit alleges that the company sold an unregistered security in XRP.
The distributed ledger and currency firm is suing the video-sharing company for not policing its platforms better.
The class action lawsuit previously sought to establish that Ripple had breached U.S. securities laws through the sale and marketing of its XRP token.
A California judge has ruled Ripple should have to defend its marketing and sales practices.
A lawsuit brought against Ripple by purchasers of the XRP cryptocurrency is going to move forward after the latest attempt at halting the legal action have failed.
The crypto company’s CEO admits that an IPO is in the works and could be launched within a year.
Ripple filed to have the lawsuit alleging that it knowingly sold unregistered securities dismissed, attacking several of the plaintiff’s claims.
From egregious and amateurish errors to global regulatory changes, the Bitcoin ecosystem has seen a lot of activity this week.
Ripple is accused of fresh breaches of securities laws by issuing its cryptocurrency, XRP, monthly to general sale and promising prices would rise.