I am a 21-year-old crypto enthusiast. I have obsessively followed the crypto market and I can say the following with complete certainty: I have never come across anything as groundbreaking as Sologenic. As a proud infantryman in the XRP Army, I am honored to bring Sologenic to the spotlight it so rightfully deserves. So, what is Sologenic and why should you care? Sologenic calls itself “a sophisticated ecosystem built on top of the XRP ledger.” It was founded in 2019 by CEO Bob Ras & CTO Reza Bashash and according to the company’s PR gobbledygook, had “the ambition to become the most influential blockchain-based project in the world by bridging…
Ripple Execs to SEC: Stay out of our bank accounts
Brad Garlinghouse and Chris Larsen accuse the Securities and Exchange Commission of seeking a ‘fishing expedition’ through their personal finances
“The SEC’s multi-front attempt to troll through the Individual Defendant’s personal financial information in a non-fraud litigation, where the Defendants have already agreed to produce the relevant information regarding the challenged transactions, is a wholly inappropriate overreach,” the pair’s lawyers said in March 11 filing.
Ripple CEO settles YouTube giveaway scam lawsuit
Brad Garlinghouse sued the streaming video platform last year after it refused to act or dragged its feet in taking down channels that used his company, name, and likeness to steal XRP
In a March 9 Twitter thread, Garlinghouse said that while the terms of the agreement were confidential, “we’ve now come to a resolution to work together to prevent, detect and take down these scams.” The lawsuit was filed on April 21 last year, after Garlinghouse complained that fraudsters on the streaming video platform had stolen hundreds of thousands of dollars from XRP supporters using his name and likeness.
MoneyGram and Ripple part ways over XRP lawsuit
The split comes a day after Ripple CEO Brad Garlinghouse said that ‘even if Ripple goes away, XRP will keep trading’
The move is the latest fallout from the U.S. Securities and Exchange Commission’s lawsuit against Ripple, its executive chairman Chris Larsen, and Garlinghouse. The suit says that the $1.3 billion in XRP sales made by Ripple over the past eight years, with $600 million made by the two executives, were illegal sales of securities.