Jump to content

Amid Ripple vs. SEC, CEO Brad Garlinghouse Says “We Have More Than a Billion US Dollars"

Recommended Posts

  • Ripple plans to use $1 billion from its cash reserves for expansion.
  • The company aims to transform into more than just a payments platform and liquidity provider.
  • Ripple intends to invest funds in blockchain-friendly markets like the UAE and Switzerland.
  • The ongoing legal battle with the SEC continues, with a recent postponement of the release of influential documents.
  • Legal expert Bill Morgan raises doubts about the SEC's classification of Ripple's XRP tokens as securities. Morgan argues that sales to On-Demand Liquidity (ODL) customers do not meet the criteria of an investment contract, challenging the SEC's stance and potentially reshaping the classification of XRP.
Link to comment
Share on other sites

  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...