Ripple Intends to Go Public after Settling Lawsuit with SEC
Apr 29 2021 · 14:46 UTC by John K. Kumi · 3 min read
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Ripple currently has a lot on the table so the date for the IPO may depend on how soon the lawsuit with the SEC is settled.
Ripple is currently in a legal battle with the US Securities and Exchange Commission (SEC) over issuing unregistered securities. While people think Ripple has been discouraged for any future developments, the company plans on going public after the lawsuit. This was disclosed by Yoshitaka Kitao, the CEO of SBI Holdings Inc (TYO: 8473), a Japanese financial heavyweight.
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NEW YORK, April 26, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against MoneyGram International, Inc. ( MoneyGram or the Company ) (NASDAQ: MGI) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-02161, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired MoneyGram securities between June 17, 2019 and February 22, 2021, inclusive (the Class Period ). Plaintiff seeks to recover compensable damages caused by Defendants violations of the federal securities laws under the Securities Exchange Act of 1934 (the Exchange Act ).
XRP Targets New All-Time Highs After Surviving SEC Slaughter
Reading Time: 3min read
XRP is now trading at $1 or more, even despite the parent company Ripple still being locked in a legal battle with the United States Securities and Exchange Commission.
Not only does the recent pump prove the power of borderless cryptocurrencies, but it takes the token to a key technical level that if broken, should target a new all-time high well above the former peak at more than $3 each.
XRP Pumps Beyond $1, But Could Climb To New All-Time Highs
Investors in the United States are likely livid right now with the Securities and Exchange Commission’s decision to pursue legal action against XRP parent company Ripple and its executives.
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NEW YORK, April 6, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against MoneyGram International, Inc. ( MoneyGram or the Company ) (NASDAQ: MGI) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-02161, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired MoneyGram securities between June 17, 2019 and February 22, 2021, inclusive (the Class Period ). Plaintiff seeks to recover compensable damages caused by Defendants violations of the federal securities laws under the Securities Exchange Act of 1934 (the Exchange Act ).