Another lawsuit has been filed against the Ripple company for violating securities laws in Florida, its initiator was one of the firstXRP Buyers Tumi.
Mention is made of the current General DirectorBrad Gaplinghouse as Individual Case Officer. He is accused of having given up his share of XRP, at the same time promoting the token in the market, stimulating its growth.
"Between April 2017 and December 2019, Gaplinghouse used to start selling XRP, because the market price of XRP was based on a very good example.
It appears that the SEC has sought against Ripple for the accusation of selling uncleaned securities, which has not yet been clarified in the classification of cryptoactivators,
Ripple develops solutions for cross-border money transfers, including RippleNet, which provides instantaneous cross-border transfer rates.
The Asian-Pacific region is a key region for a company to operate, where Ripple has a good track record of becoming a leading provider of solutions for financial markets.
The last example is the partnership with the stock exchangeLulu Exchange UAE, which will use the Ripple solution for cross-border money transfers, which will ensure unrestricted transactions between the OAE and OAEs.
</p></p>