Ripple Effect
MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple
"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk.
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.
An SEC Victory in Ripple Case Would Render XRP 'Untradeable,' Market Pros Say
Already, CrossTower, a small exchange that opened in June, has delisted the cryptocurrency.
Ripple CEO Warns SEC May Sue Company Over XRP Sales
"It’s an attack on the entire crypto industry and American innovation," Brad Garlinghouse said in a statement.
