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Ripple exec Chris Larsen donates $250K to up police surveillance in San Francisco

Larsen supports measures proposed by mayor London Breed that would allow police to use certain technology for a year before it’s scrutinized.

Scott Purcell resigns as Fortress Trust CEO after Ripple sale collapse

Scott Purcell has resigned as CEO of Fortress Trust after Ripple backed away from its acquisition of the firm.

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.