Blacklist of scam sites


Ripple CEO says his company tried to negotiate with the SEC

The Ripple team tried to reach a compromise with the Securities and Exchange Commission (SEC). However, the American regulator has abandoned any agreements, the head of the company, Brad Garlinghouse, tweeted. Recall that in December the SEC filed a lawsuit against Ripple, in which it accused the company of placing securities that did not pass the appropriate registration. The total amount of funds raised from the sale of securities (which include XRP tokens) amounted to $ 1.3 billion, the plaintiff said. After that, a rapid drop in the value of the altcoin began, behind the development of which Ripple is behind. Garlinghouse tweeted that he would not be able to reveal details yet. However, it is safe to say that the Ripple team tried to reach a compromise with the SEC so that the company would continue to work on innovation, and the market would remain as stable. Garlinghouse stressed that his company did not pay any exchange to list the XRP token. He urged the community to be patient and added that Ripple will keep investors informed of all the details of the lawsuit, which is due to open in a few weeks.

Related posts

Financial holding JPMorgan posts 56 vacancies for recruiting blockchain specialists


Why is Bitcoin still at the helm?


Dubai-based investment fund FD7 Ventures: Cardano and Polkadot will grow 20 times


Media: AMD is preparing a line of video cards for mining cryptocurrencies

Subscribe to our newsletter and
Stay up to date

Leave a Reply

Your email address will not be published. Required fields are marked *