Ripple played Trump to pump XRP — now he’s cutting ties
Thanks to lobbying efforts that garnered a thumbs-up from Donald Trump, Ripple’s XRP gained $44B in 75 minutes to hit a market cap of $173B.
Thanks to lobbying efforts that garnered a thumbs-up from Donald Trump, Ripple’s XRP gained $44B in 75 minutes to hit a market cap of $173B.
Ripple claims its reports have not had the intended effect and that they were used against the company by former SEC leadership.
Ripple is selling over a billion dollars worth of cash, equity, and XRP tokens to fund an acquisition that it hopes will boost RLUSD volumes.
Movements of XRP by Chris Larsen and Ripple insiders are drawing suspicion from skeptics of Donald Trump’s recent endorsement.
There are at least three legal possibilities for the final outcome of crypto’s highest-profile lawsuit, SEC v. Ripple et al.