in

Ripple Prevents Investor From Redeeming $175 Million in Stock Before SEC Ruling

Ripple Prevents Investor From Redeeming $175 Million in Stock Before SEC Ruling



View Reddit by taqwalawaalView Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

4 Comments

  1. tldr; Ripple dodged a bid from one of its biggest investors to redeem $175 million worth of stock. The investor, British fund manager Tetragon Financial Group, in January demanded to redeem its preferred Series C Ripple stock. Its request came a month after the SEC sued Ripple for raising $1.3 billion in an unregistered securities offering.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Loading…

0

What do you think?

BTC ftw

Lost of ETH & BTC from blockchain.com wallter