Ripple didn't have an IPO on the calendar as of late 2023. One of the factors delaying its IPO was a lawsuit brought against it by the SEC for selling $1.3 billion in XRP as an unregistered security. The case will go to trial in April 2024. A settlement of that case or a positive ruling during the trial could pave the way for a Ripple IPO over the next year. Information & Technology Clients According to the SEC’s order, from September 2015 through October 2018, GWFS was aware of increasing attempts by external bad actors to gain access to the retirement accounts of individual plan participants. The order further finds that GWFS was aware that the bad actors attempted or gained access by, among other things, using improperly obtained personal identifying information of the plan participants, and that the bad actors frequently were in possession of electronic login information such as user names, email addresses, and passwords.
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