MoneyGram Changes Its Relationship With Ripple, Citing SEC Lawsuit
MoneyGram, the global money transfer service, has changed its relationship with blockchain payments firm Ripple amidst Ripple’s litigation with the Securities and Exchange Commission (SEC). It has been reported that the company is “not planning for any benefit from Ripple market development fees” for the first quarter of 2021. However, MoneyGram said that it had a more than $12 million net expense benefit from Ripple in the same quarter last year. More trouble for Ripple is o