Tag: brad garlinghouse

Jan 12 2021

Ripple CEO Addresses Issues of SEC Lawsuit

Brad Garlinghouse, the CEO of Ripple, has taken to Twitter to address some issues concerning the lawsuit brought by the United States Securities and Exchange Commission (SEC). Brad Garlinghouse revealed that his company has had unsuccessful attempts to settle a lawsuit for securities violations with the SEC. He also talked about the "regulatory chaos" surrounding the crypto space. In a recent...

Dec 25 2020

Bitstamp to Halt XRP Trading and Deposits for US Customers on Jan. 8th

Quick take: Bitstamp becomes the first major crypto exchange to act on the news of the SEC suing Ripple Trading and deposits of XRP for US customers will be halted on January 8th, 2021 Other major exchanges might soon follow XRP has taken another nosedive to the $0.30 support area and could keep dipping The crypto exchange of Bitstamp has just announced that...

Dec 23 2020

Market Wrap: Bitcoin Rangebound as XRP Plummets After SEC Lawsuit

Bitcoin continues trading below $24,000 as legal action by the SEC rattles the XRP market.

It’s Official: SEC Files $1,3 Billion Lawsuit Against Ripple And Its Executives

The Securities and Exchange Commission (SEC) is filing a lawsuit against the American technology company Ripple. Likewise, the SEC considers XRP, Ripple's official...

XRP Whales Shrink in Number as SEC Confirms Lawsuit Against Ripple

Quick take: XRP whales have been selling their bags since Brad Garlinghouse announced a pending lawsuit by the SEC The SEC has confirmed that they are charging Ripple and two executives with conducting a $1.3B unregistered securities offering XRP's value has continued to drop erasing gains from the Flare Networks snapshot hype XRP whales have reduced in number as a result of Brad...

Dec 22 2020

SEC Sues Ripple Over 7-Year, $1.3B ‘Ongoing’ XRP Sale

As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years in an "ongoing" sale.

XRP is Not a Security According to Japan’s FSA – SBI Holdings CEO

Quick take: The President and CEO of SBI Holdings has pointed out that XRP is not a security according to Japan's FSA Mr. Yoshitaka Kitao offered his insights in response to news of the SEC planning to sue Ripple The founder of Messari, Ryan Selkis, believes the US Government will not sink its own domestic 'golden goose' in the form of Ripple A...

XRP Social Volume Explodes, Price Dips on News of the SEC Suing Ripple

Quick take: Ripple CEO, Brad Garlinghouse, has explained that the SEC plans to sue the company According to Mr. Garlinghouse, the SEC will sue Ripple for issuing an unregistered securities offering XRP's social volume has since skyrocketed with its value dipping by 21% in the last 48 hours XRP's $0.45 is holding well with a 'wait-and-see' approach advised for traders Earlier today, the...

Buterin: Ripple ‘Sinking to New Levels’ Claiming BTC and ETH Are Chinese-Controlled

Ethereum co-founder Vitalik Buterin has lashed out at Ripple following their attempt at justifying why XRP should not be considered a security. In response to Ripple having to face another U.S. Security and Exchange Commission (SEC) lawsuit over their XRP cryptocurrency, the company has criticized...

Dec 03 2020

Ripple CEO Walks Back Threat to Leave US

Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit.

Nov 26 2020

Ripple CEO: Cryptocurrencies are Attracting Institutional Investors

The CEO at Ripple, Brad Garlinghouse, claims that institutional investors are increasingly interested in cryptocurrencies. This comes after a bull run experienced by the crypto market in the […]

Nov 20 2020

Ripple CEO: Speed, Cost & Scalability Make XRP Useful for Payments

Quick take: Ripple CEO, has pointed out that institutional interest in crypto is skyrocketing He adds that Bitcoin is an extremely useful hedge against inflation Additionally, XRP's speed, cost and scalability make the remittance coin useful for payments Mr. Garlinghouse also reiterated that regulators need to recognize digital assets to provide a level playing field Ripple CEO, Brad Garlinghouse, has chimed in on...

Oct 28 2020

Singapore’s DBS Is Exploring Crypto, Spokesperson Confirms

News of Singapore's biggest bank, DBS, launching a cryptocurrency exchange, rocked the crypto space today. Following the announcement, a spokesperson for the bank confirmed to Altcoin Buzz that DBS was exploring unveiling a digital currency exchange. However, it was noted that this decision was still in progress as the bank has not yet obtained regulatory approval. According to the spokesperson, "DBS’ plans to...

Oct 12 2020

Ripple CEO Accuses U.S. Regulators of Favoring Chinese Technologies

Ripple's dissent with regulators continues to grow further as CEO Brad Garlinghouse makes a fresh attack. In a series of...

Sep 25 2020

Ripple CEO: Interoperability is Pivotal in Deploying CBDCs Globally

Quick take: Ripple CEO, Brad Garlinghouse, has pointed out that interoperability between CBDCs will be pivotal to the digitization of fiat currencies Without interoperability, they are building the same 'siloed systems' without communication bridges RippleNet and XRP can bridge this gap of interoperability The CEO of Ripple, Brad Garlinghouse, has stressed the need for interoperability in the development of the various Central Bank...

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