Ripple can’t save Fortress after all
No reason has been given for abandoning the Fortress acquisition but Ripple CEO Brad Garlinghouse said that his firm will remain an investor.
No reason has been given for abandoning the Fortress acquisition but Ripple CEO Brad Garlinghouse said that his firm will remain an investor.
According to Swan Bitcoin CEO Cory Klippsten, Ripple perpetrated “a criminal game of securities fraud.” Then Ripple bought Swan’s custodian.
The SEC has asked Judge Analisa Torres for interlocutory review and her permission to appeal two rulings that favored Ripple and XRP.
A judge in the SEC v. Terraform case has rejected reasoning from a recent Ripple ruling that differentiated between types of sales.
In the SEC’s case against Ripple, a judge has partially denied the SEC’s request for summary judgment leading some to claim a win for Ripple.