Ripple Labs Executives File to Dismiss SEC Request for Personal Finance Information
Mar 12 2021 · 13:23 UTC by Tolu Ajiboye · 3 min read
Photo: Depositphotos
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Both Ripple Labs execs have filed to squash SEC subpoenas to six banks that they provide personal financial information as part of the lawsuit.
Ripple Labs Chief Executive Officer Brad Garlinghouse and Executive Chairman Chris Larsen are currently in a row with the US Securities and Exchange Commission (SEC). The Ripple Labs executives are refusing a demand from the SEC to obtain their personal financial information.
The SEC is investigating Ripple Labs and has claimed that the company deliberately misled its investors. The Commission is also claiming that Ripple manipulated the price of XRP, thereby creating an information vacuum that deceived investors.
Ripple execs refute SEC investigation of personal finances as overreach cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
TFI recently hired
Karyn Finn to serve as the new vice president of Residential Treatment & Services. Finn has more than 20 years of nonprofit leadership experiences in health care, higher education, and civic and nonprofit strategic planning. Prior to joining TFI, Finn served as director of community relations for KVC Health Systems and as program director of the Residential Treatment and Education Program at KVC Niles in Kansas City, Mo. As vice president of Residential Treatment & Services, Finn will be responsible for clinical and regulatory operations at TFI, as well as the mental health operations for Pathway Family Services. Finn received her Bachelor of Science from Tulane University and a Masters in Community Health Education from the University of Northern Iowa.
Lawrence s Oread Hotel, left, and Eldridge Hotel, right, are pictured along with Thomas Fritzel, center.
Certain parts of Lawrence love a good Thomas Fritzel question. My phone started ringing after The Kansas City Star earlier this month published an article raising questions about the propriety of a $9 million federally backed, pandemic-related loan that was given to a little-known company tied to the Fritzel family.
I’ve been looking into the issue too. The Star’s article is definitely interesting, and the loan it focused on is certainly noteworthy. But perhaps more significant and not mentioned is $700,000 to $2 million worth of federal assistance that Fritzel entities have received through another program. Why is that smaller amount more interesting? One, because that money very well may end up being a federal grant, unlike the $9 million loan that will have to be repaid. And secondly, the companies involved in that federal program the Paycheck Protection Program crea