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Ripple Lawsuit: Fraud allegations dropped, Brad Garlinghouse still not out of the woods

October 3, 2020

The blockchain and crypto industry has been eagerly watching the lawsuits against Ripple, claiming the company and its executives sold unregistered securities (XRP) and committed fraud. In a recent development, Ripple and its executives have been cleared of any fraud allegations, excluding a statement made by Ripple's CEO, Brad Garlinghouse, regarding his XRP holdings.

Ripple sued by NPP Australia over trademark

August 24, 2020

NPP Australia Ltd, the industry-wide payments platform for Australia, filed a lawsuit against Ripple Labs on August 20, over a trademark.

Ripple lawsuits consolidated. Ripple’s motion to dismiss fraud allegations taken under submission.

August 21, 2020

Less than a month after moving the Simmons v Ripple Labs lawsuit from New York to California, the case has been consolidated with the on-going Zakinov v Ripple Labs lawsuit in California. At the same time, the honorable Judge Phyllis J. Hamilton has taken Ripple's motion to dismiss the fraud allegations under submission.

Rippled update introduces several improvements and new features to XRP Ledger

August 20, 2020

XRP Ledger (rippled server) version 1.6.0 has been released, introducing several new features including changes to the XRP Ledger's consensus mechanism to make it even more robust in adverse conditions, as well as numerous bug fixes and optimizations.

Goldman Sachs FX Executive Director joins Ripple’s Global Institutional Markets team

August 18, 2020

Goldman Sachs Global FX and Emerging Markets Franchise Management Executive Director Aditya Turakhia has joined Ripple as a Senior Manager of the Global Institutional Markets team.

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