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Ripple CEO Brad Garlinghouse Reveals Silicon Valley Bank Ties

2y ago
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  • Ripple Labs has faced challenges as its connection to Silicon Valley Bank comes under scrutiny.
  • The news of the bank's collapse has sparked concerns about Ripple's financial stability.
  • Ripple remains confident in its financial position and reassures its users that its day-to-day business operations will continue without disruption.

Ripple Labs has consistently made headlines due to its battle with the Securities and Exchange Commission over the status of its digital currency, XRP. However, this time, the crypto firm faces scrutiny over its connection to Silicon Valley Bank.

Federal Reserve's Acts on Silicon Valley Bank Collapse

After collapsing on March 10 due to a run on deposits, Silicon Valley Bank's...


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2y ago
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