MoneyGram suspends trading on Ripple, citing SEC lawsuit
"Due to the uncertainty concerning their ongoing litigation with the SEC, the company has suspended trading on Ripple's platform," says MoneyGram's quarterly outlook. Global money transfer service MoneyGram says it has changed its relationship with blockchain payments firm Ripple amid the latter's litigation with the Securities and Exchange Commission. According to MoneyGram's quarterly outlook, the company is "not planning for any benefit from Ripple market development fees" for the first quarter of 2021.
Coin Telegraph - 22nd Feb 22:02