Ripple CEO comments on Crypto Leaks, denies funding law firm to target others
Kyle Roche allegedly approached Ripple's CEO with an idea to invest in a law firm that would target competitor firms with similar lawsuits that Ripple was facing in the U.S. Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news in the crypto ecosystem.Crypto Leaks published a report on Friday containing a series of short videos from an unknown source. The report claimed that Ava Labs formed a secret pact with the law firm to use the American legal system “gangster style” to....
Related News
Serious crypto fraud allegations and conspiracy were recently exposed online against Ripple CEO Brad Garlinghouse. The alleged scheme involves Kyle Roche of Roche Freedman Law Firm and CEO of Ava Labs, Emin Gün Sire. It has recently dragged in Ripple’s CEO Brad Garlinghouse. In addition, Crypto Leaks released some video clips that implicated all the […]
Ripple Labs is on the lookout for developers and entrepreneurs alike this week. The Ripple Accelerator, an incubator designed to help companies using the Ripple protocol, opened in San Francisco. And Ripple Labs, the firm behind the open-source digital payment protocol, has launched a developer offensive to encourage third-party apps and services to support it. The Ripple Accelerator is designed as an independent entity, not influenced by Ripple Labs. It is operated by CrossCoin Ventures, a separate group of four partners, two of whom run the Menlo Incubator. However, it is located in the....
The short answer is, if you use the Ripple protocol for any purpose, not only can Ripple track you, but they see it as a feature, not a bug. In comments made to the California Assembly last month, Karen Gifford and Chris Larson of Ripple Labs, in essence, threw the baby out but attempted to purify the bath water. Gifford is no stranger to traditional banking, and Ripple famously hired her for her impressive resume which includes eight years as an active member of the litigation and enforcement group for the Federal Reserve Bank of New York. Her role as compliance officer should come as no....
Thursday, Blockchain company Ripple announced that it had raised $55 mln in funding. Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank and Santander Innoventures are just a few of the investors who participated in the Series B funding. Additionally, Ripple has secured partnerships with major banks, including Standard Chartered, BMO Financial Group, and Shanghai Huarui Bank. In the near future Ripple plans to partner with even more banks, which are planned to use the service it provides to improve cross-border payments. Overall, Ripple has received over $93....
In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and Exchange Commission (SEC) for personal financial records of Ripple’s executives that are not connected to XRP. The court says that it “is not convinced” that personal banking records would show the violations as claimed by the SEC. Another Win for XRP in SEC v Ripple Case In the lawsuit brought by the U.S. SEC against Ripple Labs, CEO Brad Garlinghouse, and co-founder Christian Larsen over the sale of XRP tokens, the court has denied the SEC’s request to obtain personal financial....