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