Ripple CEO Is Optimistic about Company Going for IPO when SEC XRP Case Concludes
3 hours ago by staff writer · 3 min read
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Garlinghouse’s sentiment is shared by Yoshitaka Kitao, CEO of SBI Holdings Inc. He also said that “after the current lawsuit, Ripple will go public.”
Despite the ongoing lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple Labs Inc, the company’s CEO Brad Garlinghouse remains optimistic about Ripple going for an IPO at some point in the future, once the proceedings conclude.
Ripple Labs IPO
Why XRP Token Is The Green Coin That Solves Problems Now insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
US stocks tumble as downbeat overseas data dampen global growth prospects insider@insider.com (Carla Mozée)
US stocks ended lower on Friday to close out April.
Twitter and Amazon shares were under pressure during the session following quarterly earnings reports.
Eurozone and Chinese economic data came in softer than expected.
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Here s where US indexes stood at 4:00 p.m. on Friday:
Investors pulled down equities after data showed the eurozone economy shrank in the first quarter of 2021 as the bloc struggled with the slow rollout of coronavirus vaccinations and with containing the COVID-19 pandemic. The snapshot came after figures showed China s key manufacturing sector slowed by more than expected in April.
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SEC Says Ripple Aims To Harass In Latest Discovery Dustup
Law360 (April 21, 2021, 10:13 PM EDT) The U.S. Securities and Exchange Commission claims Ripple Labs recent discovery requests for agency staff s personal devices and already excluded internal communications are an attempt to distract from the merits of the SEC s closely watched cryptocurrency fight.
The agency asked a New York federal magistrate judge Wednesday to bar Ripple from seeking any more irrelevant, privileged SEC staff materials as the two sides continue to duke it out in discovery for an enforcement action claiming sales of Ripple s signature digital asset, XRP, should ve been registered with the securities regulator.
SEC Says Ripple Aims To Harass In Latest Discovery Dustup law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.