“Although the SEC claims that all XRP are unregistered securities and Brad Garlinghouse and Chris Larsen unjustly enriched themselves, it allows Ripple Co-founder JedMcCaleb to sell his XRP for hundreds of millions of dollars to possibly buy MoneyGram. Makes perfect sense”, said XRP Holders’ attorney John Denton ironically.
Search Query: #moneygram
MoneyGram International Inc. today announced that it was offering an At-The-Market program where it would offer and sell its own shares worth $100 million to repay some of its outstanding debts.
MoneyGram International, a major payments processor that also handles P2P payments, has announced a big jump in transaction numbers for MoneyGram Online for the month of April along with a jump in revenue.
The company has been getting some senior hands-on board as the company looks to expand globally and focuses on the Enterprise business which has some of the biggest companies onboard.
A number of strange things have caught the attention of attorney Jeremy Hogan, who now believes the deposition of William Hinman never took place.
In the meantime, the SEC v. Ripple lawsuit has had a major development: the deposition of ex-SEC Director of Corporation Finance, William Hinman. The sworn testimony, however, was not a public hearing.
“And so, Mr. Mccaleb is probably watching the Ripple lawsuit very closely and praying that Ripple wins”, Mr. Hogan added.
“Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or any other virtual product that provides synthetic exposure to underlying securities.”
“I mean, you can litigate a hundred cases and never get a gift like this letter and I say it’s a gift from the Heavens because you know that the Commissioners could never comment on pending litigation.”
The Judge has extended the SEC period to complete discovery. The SEC now has until August 31 to conduct fast discovery, with expert discovery being pushed until October 15.
Jacob Burrell Campos has pled guilty in a US federal court to operating an unlicensed money transmitting business.
No more status symbols, WeChat about data, apprehending a burglar and its relevance, let’s talk about the weather, and what will you do when the cash stops?
Dash, the rising alternative to bitcoin, has today announced a partnership with Wall of Coins that allows people to buy and sell Dash from a nearby bank or financial services branch. Dash users will now be able to exchange the 3rd most valuable cryptocurrency at major national banks such as Chase, Bank of America, and […]
After selling Coinsetter and CaVirtex to Kraken in January 2016, Jaron Lukasiewicz took time out in California. Six months later, he appeared to be working on the establishment of a new start up, however has today joined large US construction consultancy The Rhodes Group as VP in Las Vegas
Deliverable FX is a mainstay of local economies in certain regions of the world. Here is why large, mainstream and secure deliverable FX firms should be used, and how regions that are dependent on deliverable FX bureaux such as India or Nigeria, could benefit from using large British companies that are secure and have large levels of commercial experience
Coinsetter founder Jaron Lukasiewicz has returned to the FinTech world after time out on the West Coast, and has founded a new FinTech venture in Las Vegas, Nevada
The deliverable FX companies which provide direct foreign currency transfers and settlements across the length and breadth of the globe form a vast part of the financial landscape in today’s world of international business which requires settlement in multiple currencies. Additionally, the vast increase in worldwide travel by all manner of individuals which range from […]
Bitcoin is not only well past its fraternity-inspired infancy, but is here to stay and is now rapidly becoming an integral part of the technology infrastructure within large financial institutions, many of which are investing vast amounts of capital into the development of blockchain. The sudden transformation from peer-to-peer aspirations of disrupting the mainstream currency […]
One of the most avantgarde members of the Bitcoin technology fraternity has exited the industry following the sale of successful New York-based Bitcoin exchange Coinsetter (acquired by Kraken) last month in what has been widely noted to be the largest M&A deal in Bitcoin history despite the terms of the transaction having remained undisclosed. Jaron Lukasiewicz, […]