According to data provided by Whale Alert, 400 million XRP tokens ($869 million at the time of the transaction) were locked in escrow. Prior to this, Ripple unlocked 500 million XRP…
Speculation is spreading across social media that the U.S. government might take Ripple’s XRP escrow and use it for the country’s financial reserves. The rumor started soon after Ripple unlocked…
Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
In brief
SEC and Ripple have filed a joint motion to dissolve the injunction and release escrowed funds.
The latest proposal would see $50M paid to the SEC and the remainder returned…