Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on December 26, 2020, 07:01:04 AM

Title: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: newshunter on December 26, 2020, 07:01:04 AM
MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet

MoneyGram sheds light on the nature of its partnership with Ripple.


Source: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet (https://cointelegraph.com/news/moneygram-distances-itself-from-ripple-says-it-doesn-t-utilize-ripplenet)

Would appreciate your opinion about this
Title: Re: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: Gravatai on December 26, 2020, 10:17:42 AM
After the SEC filed a lawsuit against Ripple, all partners who worked with Ripple will try to distance themselves so as not to fall under sanctions from the SEC. I think in the near future we need to sell XRP and wait for the outcome of the situation around Ripple
Title: Re: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: tor on December 26, 2020, 02:50:44 PM
Now there is a lot of pressure on the Ripple company and a lot of negative information, but maybe this is a trick of the whales? After all, the wallets of the largest holders only increase the number of XRP  :-X
Title: Re: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: hair on December 26, 2020, 03:05:06 PM
Recently, there have been many negative issues with XRP, will this affect investor confidence?
Title: Re: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: ice18 on December 27, 2020, 08:06:56 AM
This might be the end of Ripple if worst comes to worst when they will not win in this case filed by SEC this is the dilemma of every crypto projects that comes to attention by authorities in the first place they should consult first in legal since its  billion dollar company so that it did not happen like this one. 
Title: Re: MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet
Post by: TomPluz on December 28, 2020, 04:10:26 AM
Quote from: Gravatai on December 26, 2020, 10:17:42 AM
After the SEC filed a lawsuit against Ripple, all partners who worked with Ripple will try to distance themselves so as not to fall under sanctions from the SEC. I think in the near future we need to sell XRP and wait for the outcome of the situation around Ripple

This is quite expected and not a surprising moves from many entities as they are trying to shield themselves from possible fallout out of the planned investigation and maybe filing of cases against XRP. They are doing business in USA, so they are protecting their own interests, of course. And this quite exposed the weakness in the adoption of the XRP platform, touted in the past many years of its existence. Well, let's see how XRP is going to get past of its biggest challenge yet.