MoneyGram Slapped With Class-Action Lawsuit For Issuing Misleading Statements Concerning XRP

More Woes For XRP As MoneyGram Suspends Trading On Ripple's Platform

The fiasco surrounding the legal status of Ripple’s cryptocurrency XRP continues to unfold as a new lawsuit filed against MoneyGram puts pressure on the case. MoneyGram, presently the world’s second-biggest money transfer service provider, is being sued for allegedly making false statements regarding its relationship with Ripple and also for failing to reveal that XRP […]

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More Woes For XRP As MoneyGram Suspends Trading On Ripple’s Platform

More Woes For XRP As MoneyGram Suspends Trading On Ripple's Platform

The United States Securities and Exchange Commission has a long and complex history with the cryptocurrency industry. This has included the prosecution of fraudulent Initial Coin Offerings during the ICO boom a few years ago, the back and forth of the Bitcoin ETF, and the issues surrounding the introduction of crypto-related regulation. The latest of […]

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Pundit warns of the dangers of XRP’s recent superficial price pump

XRP May Plunge To $0.20 If This Intensely Bearish Structure Plays Out_ Veteran Trader Peter Brandt

XRP closed the weekend with a price rebound that sent it to new levels that were last seen in December of 2020. The rally sent the cryptocurrency up by 56%, causing prices to skyrocket from $0.2605 to a high of $0.50944. The price pump comes after XRP’s price decline from $0.55 to $0.20, which was […]

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XRP Rebounds With 80% Surge As Ripple Defends Currency

Ripple Community Pushes For Recognition Of XRP As A Currency Amid Catastrophic SEC Lawsuit

XRP today jumped 80% after weeks of weak performance. The cryptocurrency has been trading just above $0.2 prior to the surge that coincided with Ripple’s defense against the SEC lawsuit referring to XRP as a security. In defense of the virtual currency, Ripple wrote: “In 2015 and again in 2020, the US Department of Justice […]

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