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#ripple

2 posts2 participants0 posts today

#Ripple, a shitcoin pump and dump company convicted of massive securities law violations, buying a tradfi ("traditional finance") prime broker is a perfect example of the crypto industry making big moves to take over and integrate with america's existing financial system in a way that will be very hard if not impossible to unravel.

All of the money for this corporate takeover came from dumping Ripple's #XRP tokens on retail suckers.

Also Ripple CEO Brad Garlinghouse was one of the 2024 election's biggest donors.

ripple.com/ripple-press/ripple

RippleRipple Acquires Prime Broker Hidden RoadRipple announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space, and becoming the first crypto company to own and operate a global, multi-asset prime broker. Learn more about the deal.
The Pond / L'Acquitrino for #texturetuesday

A little bit of a Claude Monet inspired photo! (From the Water Lilies Series) This was taken in Giardini Margherita and I tried to get a picture of one of the carp - but they were way too quick for me! 😂

#photography #amateurphotography #texture #textures #light #shadow #dark #colours #pond #moody #water #ripple #details #detail #waves #inspired #art #abstract #abstractart #impressionism #experiment #bologna #italia #italia #photo #monet #claudemonet #europe

oh look #BradGarlinghouse, another one of the 2024 election's megadonors, had (some of the) securities fraud charges against his company #Ripple dropped (they were charged with selling unregistered securities in the form of their token #XRP - the same XRP token that Trump wants to put in the “Strategic Crypto Reserve”).

i assume the rest of the charges (the ones they were convicted of) will be dropped soon enough.
x.com/bgarlinghouse/status/190

US seizes $23 million in crypto linked to LastPass breaches

U.S. authorities have seized over $23 million in cryptocurrency linked to the theft of $150 million from a Ripple crypto wallet in January 2024. Investigators believe hackers who breached LastPass in 2022 were behind the attack.

#LastPass #PasswordManager #cryptocurrency #crypto #ripple #databreach #security #cybersecurity #hackers #Hacking

bleepingcomputer.com/news/secu

BleepingComputer · US seizes $23 million in crypto linked to LastPass breaches
More from Sergiu Gatlan
Replied in thread

@ncweaver.skerry-tech.com note that it's all donor coins - #SOL (#Solana, backed by "crypto czar" #DavidSacks), #XRP (#Ripple, CEO is megadonor #BradGarlinghouse), and #ADA (#Cardano, created by #CharlesHoskinson). Trump only added bitcoin and ethereum a few hours later.

The price of all these tokens massively spiked 10-35% on the news as people seek to front run the American taxpayer’s “investment”.

More from the #idiocracy:

#Trump announced the names of 3 #cryptocurrencies to be included in a new US #crypto strategic reserve on Sunday, spiking the value of each in #market trading.

Trump said on social media that his January #ExecutiveOrder on #DigitalAssets would create a stockpile of currencies including XRP (#Ripple), SOL (#Solana), & ADA (#Cardano).

The assets rose 10% to 35% in trading on Sunday. Other digital assets also gained.

#economy #finance #USpol
reuters.com/world/us/trump-say