WebApr 14, 2024 · In the SEC’s summary judgment motion, the regulator cited instances where Ripple promoted XRP as an investment contract. Some include the brochure sent out to potential investors in 2014, and tweets from Ripple’s Chairman Chris Larsen, highlighting how the company intends to keep 50% of XRP supply to build apps and promote Ripple. WebDec 22, 2024 · Ripple also allegedly distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. According to the complaint, in …
Binance US Says It Will Delist XRP on Jan. 13 - CoinDesk
WebSep 24, 2024 · Ripple co-founder Chris Larson just moved a hefty 500 million XRP in a single transaction. The XRP trove was worth more than $115 million at the time of … Web2 days ago · Large XRP holders have moved massive amounts of these Ripple-connected tokens in large chunks over the past 24 hours, according to data shared by Whale Alert. ... Brad Garlinghouse and co-founder Chris Larsen of selling XRP to investors as unregistered securities. This led many crypto exchanges, including such giants as … empower broadband mec
Crypto billionaire Jed McCaleb nearly out of XRP to dump on
WebApr 10, 2024 · The SEC last month requested eight years of financial records from CEO Brad Garlinghouse and his predecessor, Chris Larsen. The records, claimed the SEC, would support its ongoing lawsuit with Ripple, whom it is suing for raising $1.3 billion by selling XRP in ongoing unregistered securities offerings. WebDec 22, 2024 · The SEC is set to bring a lawsuit against Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen. It will claim that the company violated laws against selling unregistered securities when it ... WebMar 28, 2024 · However, in December 2024, the SEC sued Ripple Labs, claiming it had raised $1.3bn by selling XRP through unregistered security transactions. Garlinghouse and Ripple Labs’ chair, Chris Larsen, … drawings pictures easy