XRP Ledger Foundation Signals Public Collaboration Push Across Ecosystem

Key Takeaways The XRP Ledger Foundation introduced leaders across operations, engineering, and community engagement. The update emphasized collaboration with developers, validators, and infrastructure operators. Public coordination will focus on advocacy, development, and events. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates for the…

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Kraken sues Etana over $25m client fund theft

Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…

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