Galaxy’s Novogratz: XRP Will ‘Underperform Immensely Again This Year’
XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.
Ripple's court filing says CEO Brad Garlinghouse could still be "long" on XRP and sell a claimed 67 million tokens on the open market.
Ripple Labs and CEO Brad Garlinghouse are suing YouTube over allegations that the video streaming giant has failed to police its platform against fake XRP giveaway scams, resulting in monetary damage to users and reputational harm to Ripple.
Ripple has hit back at the lead plaintiff in an ongoing class-action lawsuit that accuses the firm and its CEO of securities fraud.
While the lawsuit against Ripple Labs still alleges the firm broke securities laws, the plaintiffs now seem to be hedging their bets.
A lawsuit claiming Ripple violated U.S. securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm.