Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’
Ripple has hit back at the lead plaintiff in an ongoing class-action lawsuit that accuses the firm and its CEO of securities fraud.
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of trademark infringement.
Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million.
Ripple has disputed YouTube's claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times.
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.
With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system.