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Ripple Raises $500 Million at $40 Billion Valuation Following XRP's Historic Surge

Ripple, a cryptocurrency software company, announced a significant $500 million investment from affiliates of major Wall Street firms, including Citadel Securities and Fortress Investment Group, bringing its valuation to $40 billion. This fundraising comes on the heels of XRP's recent performance, with the cryptocurrency reaching an all-time high of $3.65 amidst improved regulatory clarity and expectations surrounding U.S. spot exchange-traded funds linked to it. Ripple's CEO, Brad Garlinghouse, highlighted that this investment not only validates Ripple's growth strategy centered on XRP but also reflects confidence in the future of cryptocurrency. The funding is aimed at bolstering Ripple's operations and expanding its market presence.

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FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

During a recent hearing at the Second Circuit Court of Appeals, the judges expressed skepticism towards Sam Bankman-Fried's attempts to secure a new trial following his criminal conviction. Bankman-Fried's attorney, Alexandra Shapiro, argued that the trial judge, Lewis Kaplan, exhibited bias and did not allow key

FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

This week, the Second Circuit Court of Appeals held a hearing on Sam Bankman-Fried's appeal of his criminal conviction. The judges expressed significant skepticism toward his attorney's arguments that he deserved a new trial due to alleged bias from the trial judge, Lewis Kaplan. Bankman-Fried'

FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

Sam Bankman-Fried's appeal against his criminal conviction was heard by the Second Circuit Court of Appeals, with judges expressing skepticism towards his arguments. His attorney, Alexandra Shapiro, contended that Bankman-Fried did not receive a fair trial and that Judge Lewis Kaplan was biased against him. The appeal requested