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Fox Reporter Questions Ripple’s Finances Amid Conflict With XRP Army

Published 07/18/2023, 12:41 AM
Updated 07/18/2023, 02:45 AM
Fox Reporter Questions Ripple’s Finances Amid Conflict With XRP Army
XRP/USD
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  • Fox Business’ Charles Gasparino recently questioned Ripple’s ability to pay a potential fine of $1 billion.
  • Gasparino also called out the XRP community for its alleged conduct against him for his stance on SEC vs. Ripple.
  • Ripple CEO Brad Garlinghouse previously stated that the firm had $1 billion in the bank.

Charles Gasparino, a senior correspondent at Fox Business, recently took to Twitter to air his opinion about the Securities and Exchange Commission’s lawsuit against Ripple. Gasparino questioned Ripple’s ability to pay a potential $1 billion fine associated with the lawsuit and took issue with the recent conduct of the XRP community online.

XRP influencer Moon Lambo recently addressed the matter of the potential billion-dollar fine that XRP may have to pay to the SEC. According to the influencer, most XRP holders were unbothered by this matter given that XRP had recently been declared a non-security crypto asset. Moon Lambo added that Ripple CEO Brad Garlinghouse previously stated that the firm had $1 billion in the bank, so that may be how they pay the fine.

Fox Business’ Charles Gasparino responded to Moon Lambo’s tweet and enquired if Ripple …

The post Fox Reporter Questions Ripple’s Finances Amid Conflict With XRP Army appeared first on Coin Edition.

The post Fox Reporter Questions Ripple’s Finances Amid Conflict With XRP Army appeared first on Coin Edition.

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