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❕NEWS MoneyGram Suspends Its Partnership With Ripple (XRP)

aryan4

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Following the ongoing lawsuit between Ripple and the United States Securities Exchange Commission (SEC), MoneyGram has decided to suspend trading on the Ripple platform. The company cited "uncertainty" regarding the ongoing lawsuit.
What do you think of this development?
 
MoneyGram has the right to do whatever they wants, but I don't think they are right with this decision, they should have waited for the outcome of the law suit. Except they are under obligation to do that.
 
What a sad news for ripple. The lawsuit is really spoiling plans for them. I wish there's a better way to keeps things till it is a lot better for them. This isn't good at all for them
 
It is very sad that this coming out now considering that it has not been long since moneygram formed partnership with ripple
 
Next someone will sue monegram and people will stop using it, they won't justify it.
In 2019 they both come into partnership, but one party left other on the crises time, it was not the crypto holder's fault.
 
Next someone will sue monegram and people will stop using it, they won't justify it.
In 2019 they both come into partnership, but one party left other on the crises time, it was not the crypto holder's fault.
I think MoneyGram left in order to protect their image and integrity if ripple is to be seen as a security . however it is not quite right
 
Next someone will sue monegram and people will stop using it, they won't justify it.
In 2019 they both come into partnership, but one party left other on the crises time, it was not the crypto holder's fault.
This is my view exactly. Denying a partnership you had earlier confirm and is even on record. It really appalling how things are handled when one party in a partnership is facing some trials
 
I think MoneyGram left in order to protect their image and integrity if ripple is to be seen as a security . however it is not quite right

This is my view exactly. Denying a partnership you had earlier confirm and is even on record. It really appalling how things are handled when one party in a partnership is facing some trials

Moneygram already lose its image by breaking on the record partnership; now who will believe that they will honour their partnership in event of crises? That is just a lawsuit, not a decision; and Moneygram started its own punishment.
 
It is possible they reunite once the whole tussle is over , every strong company today once had it challenges so I am not surprised and I wish Ripple success.
 
Moneygram already lose its image by breaking on the record partnership; now who will believe that they will honour their partnership in event of crises? That is just a lawsuit, not a decision; and Moneygram started its own punishment.
Indeed , I agree with you . New projects will try as much as possible to avoid having anything to do with partnership with MoneyGram.
 
It is possible they reunite once the whole tussle is over , every strong company today once had it challenges so I am not surprised and I wish Ripple success.
Lol you are right just like having fair weather friends. When you have a little storn they run off and wait by the sideline to see what happens then the run back when things are good again. They might still unire later
 
MoneyGram is a reputable company has been existing for a very long time and it is very likely that is US SEC advise them to withdraw just like the way they advise coinbase and Bitfinex to suspend trading of ripple on their platform.
 
I think instead of doing so i was expecting the company to at least show support for the coin during these trying times that the coin is actually coming up
 
It is possible they reunite once the whole tussle is over , every strong company today once had it challenges so I am not surprised and I wish Ripple success.
I think they would not even care that much , because they can do without having ripple on their site , but assuming they were benefiting and depend on ripple , table would turn
 
It's understandable.. they wouldn't want their company to be affected that's a move anyone will take if it's their company that might be at risk
 
MoneyGram has the right to do whatever they wants, but I don't think they are right with this decision, they should have waited for the outcome of the law suit. Except they are under obligation to do that.
That is also how l see this issue. Even though they have the right to terminate the partnership, they should have waited for the lawsuit to be over before they take their decision.
 
That is also how l see this issue. Even though they have the right to terminate the partnership, they should have waited for the lawsuit to be over before they take their decision.
I guess they did not want to take risks that existed or could have, in their own way. After all, a commercial company and maybe a new partnership in the future.
 
That is also how l see this issue. Even though they have the right to terminate the partnership, they should have waited for the lawsuit to be over before they take their decision.
Yeah they should have wait at least to know if its sec that was actually at fault instead of ripple. ,and i think if ripple wins then the relationship is cancelled
 
I guess they did not want to take risks that existed or could have, in their own way. After all, a commercial company and maybe a new partnership in the future.
Yeah, their behavior made it clear they did not want to take risk. But even if they will be planning for another partnership, that means they just have to erase ripple from their list.
 

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