Ripple announced that it will stop releasing quarterly XRP market reports and adjust its XRP Holdings disclosure method, as the information previously disclosed proactively to enhance transparency was used by the U.S. Securities and Exchange Commission (SEC) as a basis for enforcement. The company noted in its first-quarter 2025 report that this practice "did not achieve the desired effect" and stated that "Ripple's transparency was used against the company by the former SEC leadership." Although the specific new disclosure format has not yet been announced, CEO Brad Garlinghouse stated that the company will continue to update relevant information through its official website and social channels. (Protos)
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Ripple adjusts the disclosure method for XRP, stating that transparent information was previously used by the SEC.
Ripple announced that it will stop releasing quarterly XRP market reports and adjust its XRP Holdings disclosure method, as the information previously disclosed proactively to enhance transparency was used by the U.S. Securities and Exchange Commission (SEC) as a basis for enforcement. The company noted in its first-quarter 2025 report that this practice "did not achieve the desired effect" and stated that "Ripple's transparency was used against the company by the former SEC leadership." Although the specific new disclosure format has not yet been announced, CEO Brad Garlinghouse stated that the company will continue to update relevant information through its official website and social channels. (Protos)