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Top related persons:
Brad Garlinghouse - 2 Christian Larsen - 2 of New York Analisa Torres - 1 Torres - 1 Garlinghouse - 1 Larsen - 1 bitcoin - 1 Ripple - 1
Top related locs:
Wall Silicon of New Austin , Texas Singapore United States Monetary Authority of Singapore San Francisco
Top related orgs:
SEC - 2 Service - 1 US - 1 Southern - 1 of - 1 of New York - 1 Twitter - 1 Monetary Authority of - 1

Search resuls for: "Christian Larsen"


3 mentions found


☆ XRP soars 61% after a judge says the cryptocurrency is not a security in a big win over the SEC
  + stars: | 2023-07-13 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
XRP soared as much as 61% on Thursday after a US judge said certain aspects of the sale of the token did not break federal securities laws. The SEC had sued Ripple for the sale of its XRP token in 2020 for the failure to register XRP as a security. US District Judge for the Southern District of New York Analisa Torres said the XRP token is "not necessarily a security on its face." But there are multiple facets of the ruling and it gets complicated depending on the type of sale of XRP. A motion for summary judgement filed by the SEC in its "aiding and abetting" allegations against Garlinghouse and Larsen was denied.
Persons: Brad Garlinghouse, Christian Larsen, of New York Analisa Torres, Torres, Garlinghouse, Larsen, bitcoin Organizations: SEC, Service, US, Southern, of, of New York, Twitter Locations: Wall, Silicon, of New
☆ Crypto firm Ripple gets in-principle payments license in Singapore
  + stars: | 2023-06-21 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back home in the United States. Ripple said that it was granted in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore, the country's central bank. But Ripple also operates a blockchain-based international messaging system called RippleNet to facilitate massive transfers of funds between banks and other financial institutions, similar to the global interbank messaging system SWIFT. Ripple denies the SEC allegations, contending that XRP is a currency rather than a security that would be subject to strict rules. Singapore is one of the largest currency corridors from which Ripple sends money across borders using XRP, the company said in a press release.
Persons: Brad Garlinghouse, Ripple, Christian Larsen Organizations: Monetary Authority of, The Securities, Exchange Commission, SEC Locations: Austin , Texas, Singapore, United States, Monetary Authority of Singapore, San Francisco, XRP
☆ FTX founder's remarks pose challenge for his lawyers
  + stars: | 2022-11-18 | by ( Andrew Goudsward | ) www.reuters.com   time to read: +4 min
Nov 18 (Reuters) - FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Attorneys said such statements will likely make life more difficult for the defense lawyers seeking to manage fallout from the exchange’s demise and navigate multiple federal investigations. His law firm represents many other financial industry clients. Joseph is a former president of the American College of Trial Lawyers who has written about racketeering law and rules of evidence.
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