The post Ripple Buys Rail for $200M as Bill Morgan Calls Out “Convenient Timing” appeared first on Coinpedia Fintech News
Ripple Labs recently scored a major win after both sides filed to dismiss their appeals in the long-running SEC lawsuit. The case, which accused Ripple of selling XRP as an unregistered security, had been a major shadow over the company’s future. Interestingly, around the same time, Ripple annou2nced its $200 million acquisition of Rail, a …