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Tag: Ripple CEO

Ripple Secures VASP License in Ireland, Expanding Financial Operations
Ripple News

Ripple Secures VASP License in Ireland, Expanding Financial Operations

In a significant development, Ripple has been granted yet another financial license, marking a strategic move further to enhance its capabilities in the digital asset space. The newly acquired VASP (Virtual Asset Service Provider) license, issued by the Central Bank of Ireland, opens the door for Ripple to engage in various financial activities, solidifying its position in the evolving blockchain and cryptocurrency landscape. Read Also: Shiba Inu Experiences Surge in Price Amidst Staggering Whale Transactions https://twitter.com/HighVibeAssets/status/1741984296225628286 The VASP license obtained by Ripple encompasses a spectrum of financial services, including: Transfer of Digital Assets: Ripple is now authorized to facilitate the seamless transfer of digital assets, providin...
Ripple-SEC Lawsuit Update: Analyst Predicts Trial Delay, Highlights Regulatory Implications for XRP
Ripple News

Ripple-SEC Lawsuit Update: Analyst Predicts Trial Delay, Highlights Regulatory Implications for XRP

The protracted legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to captivate the cryptocurrency world, with a recent update shedding light on the timeline and potential regulatory implications for XRP. While Ripple has secured several victories against the SEC, the lawsuit's impact on XRP, especially during the 2021 bull run, remains a critical concern for the crypto community. Read Also: Could Ripple's Bold Move of Burning Escrowed XRP Funds Ignite a Surge in XRP's Price? The lawsuit, initiated by the SEC in 2020, alleged that Ripple's sale of XRP constituted an unregistered securities offering, creating regulatory uncertainties for the broader digital asset space. As of 2023, Ripple stands at a 3-0 advantage against the SEC, with most comp...
Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance
Ripple News

Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance

In a recent turn of events surrounding the Ripple v. SEC case, Australia-based lawyer Bill Morgan has taken issue with Fox Business Senior Correspondent Charles Gasparino's criticism of Ripple's legal victory and its impact on XRP's price performance. Gasparino, known for his outspoken views, particularly targeted the soundness of Judge Analisa Torres' verdict and described it as "idiotic." https://twitter.com/Belisarius2020/status/1725670335109107903 Charles Gasparino Criticized for Dismissing Judge Torres' Ruling Gasparino's critique focused on Judge Torres' decision to provide partial victories to both the SEC and Ripple, referring to it as "splitting the baby." He went on to assert that this decision had made the U.S. District Court of the Southern District of New York a laughing ...
XRP Holders Beware: Scammers Utilize Deep Fake Technology in Deceptive Brad Garlinghouse Video for Fraudulent Giveaway
XRP News

XRP Holders Beware: Scammers Utilize Deep Fake Technology in Deceptive Brad Garlinghouse Video for Fraudulent Giveaway

In a concerning turn of events, scammers have once again targeted XRP holders, deploying deep fake technology to create a highly deceptive video featuring Ripple CEO Brad Garlinghouse. The fraudulent video, circulating across various platforms, urges viewers to send a specific amount of XRP to a designated address, promising a doubling of their investment within a minute. Read Also: Marswap Unveils Groundbreaking On/Off-Ramp Capability for Shibarium Network, Integrates PayPal Payment Option https://twitter.com/sentosumosaba/status/1723526906862285109 Crypto Eri sounds the alarm on this scam Prominent XRP community member Crypto Eri sounded the alarm on this scam, unequivocally warning XRP holders against falling victim to the perpetrators. She stated, "Don't fall for this deep fake...
Pro-XRP Lawyer Fred Rispoli Comments on SEC’s Decision to Drop Charges Against Ripple Executives
Ripple News

Pro-XRP Lawyer Fred Rispoli Comments on SEC’s Decision to Drop Charges Against Ripple Executives

Pro-XRP lawyer Fred Rispoli has offered his insights on the recent decision by the U.S. Securities and Exchange Commission (SEC) to drop charges against Ripple executives Chris Larsen and Bradley Garlinghouse. The decision by Judge Analisa Torres officially dismisses the case against the Ripple executives. Read Also: Shiba Inu (SHIB) Continues to Burn Tokens, Fostering Hope for Price Surge Ripple Execs Cleared of Charges Relating to Institutional Sales of XRP, While Questions Arise About Future Appeals Nature of Dropped Charges: Attorney Fred Rispoli has shed light on the specific charges that the SEC dropped. The charges related to the roles played by Larsen and Garlinghouse during Ripple's institutional sales of XRP, which the court had previously found to constitute an investme...
Ripple’s Brad Garlinghouse: The Jeff Bezos of Cryptocurrency?
XRP News

Ripple’s Brad Garlinghouse: The Jeff Bezos of Cryptocurrency?

In a recent viral video circulating the crypto sphere, renowned crypto expert Jason Friedman, host of the "Chain of Blocks" YouTube Channel, has ignited discussions by drawing intriguing parallels between Ripple Labs, a prominent blockchain payment company, and Amazon, one of the world's largest tech firms. Crypto Expert Draws Parallels Between Ripple and Amazon's Early Days Visionary CEOs: Friedman pointed out that the similarities begin at the top with Chief Executive Officers (CEOs) Jeff Bezos of Amazon and Brad Garlinghouse of Ripple. Both CEOs, according to Friedman, share similar visionary outlooks for their companies in their respective early stages. Read Also: Shiba Inu (SHIB) Continues to Burn Tokens, Fostering Hope for Price Surge Echoes of the Past: Friedman drew a conne...
RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit
Ripple News

RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit

In a recent interview at the Apex Dev Summit in Amsterdam, Marcus Infranger, Vice President of RippleX Growth, shed light on the remarkable state of the XRP Ledger (XRPL) and the continuous developments in the XRPL ecosystem poised to strengthen its position in the blockchain industry. Scalability and Speed: XRPL's Key Strengths Infranger emphasized two critical aspects of XRPL's performance: interoperability and scalability. He lauded XRPL as one of the most scalable and efficient blockchain networks in existence. "Transactions happen in 3 to 5 seconds, very reliably for over a decade," he proudly stated. Read Also: Shiba Inu's Shibarium Gears Up for Significant Developments, Renouncing BONE Contract Marks Milestone Last October, SpendTheBits, a payment platform operating on XRPL,...
Ripple Labs Donates $2 Million to Support APEC Meeting in San Francisco
Ripple News

Ripple Labs Donates $2 Million to Support APEC Meeting in San Francisco

In a significant show of commitment to global economic cooperation, Ripple Labs has pledged a staggering $2 million to bolster the upcoming Asia-Pacific Economic Cooperation (APEC) meeting in San Francisco. This generous contribution, the largest single donation to date, plays a pivotal role in helping APEC inch closer to its ambitious fundraising goal of $20 million. The APEC CEO Summit, scheduled for mid-November in the vibrant city of San Francisco, has garnered substantial support from a diverse range of organizations and individuals, underscoring the international community's dedication to fostering economic collaboration and innovation. Read Also: XRP's Role in CBDC Settlements Sparks Price Speculation Ripple's noteworthy $2 million contribution, accounting for approximately...