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Dave Ripley
Kraken
957 posts
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user avatar
Dave Ripley
Kraken
@DavidLRipley
Co-CEO @Payward @KrakenFX linkedin.com/in/davidripley/
San Francisco, CA
Joined June 2013
293
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13K
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  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Nov 21, 2023
    We strongly disagree with the SEC claims, stand firm in our view that we do not list securities, and plan to vigorously defend our position. As we have seen before, the SEC argues that @krakenfx should “come in and register” with the agency, when there is no clear path to
    639K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    (1/10) Today, Kraken tells the real story of the SEC’s suit.
    672K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Jul 23, 2024
    1/ @krakenfx has successfully distributed #Bitcoin and Bitcoin Cash from the @MtGox estate back to creditors. It’s been nearly a decade since Kraken was selected by the Trustee to facilitate the investigation and return of client funds. It was our privilege and it was our duty.
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    496K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Jan 31, 2025
    Today, we're sharing 2024 financials for @krakenfx We exceeded $1.5 Billion in revenue, more than 2x the previous year...and we're profitable. Our customers also entrust us with over $40B in custodial assets. Looking forward to 2025! blog.kraken.com/news/kraken-20…
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    92K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (10/10) The U.S. risks losing its standing as a world leader in innovation if it continues allowing its regulatory agencies to assert statutory authority without explicit permission from Congress. Read more:
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    The real story of the SEC’s suit against Kraken, and why Kraken is moving to dismiss the case
    From blog.kraken.com
    26K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Mar 21, 2024
    Kraken Financial, a state-chartered, full-reserve bank, is now live and offering services to the crypto industry! Here's the news out of #Wyoming:
    Twitter
    Kraken Unveils Qualified Custody Solution for Crypto in the US
    From businesswire.com
    101K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (5/10) Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free to earnestly advocate for better law and more efficient markets.
    49K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (6/10) Today, Kraken is moving to dismiss the complaint. It was timed to intimidate those who would question the SEC’s jurisdiction, and it fails to allege any securities were traded on Kraken, illegally or otherwise.
    26K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Mar 3, 2025
    The SEC has agreed in principle to dismiss its lawsuit against @krakenfx. It’s a massive win for crypto, the United States of America, and the world. Since our inception, Kraken has operated with integrity and dedication to doing the right thing. Regulation by enforcement has
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    A win for fairness
    From blog.kraken.com
    77K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (3/10) Kraken testified that this strategy from the SEC would not protect consumers, that Congress should create new rules for crypto, and, critically, that Congress should limit the SEC’s jurisdiction in favor of other agencies.
    31K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (8/10) The court should not endorse this theory because it has no limiting principle. It would give the SEC boundless authority over commerce - from collectibles, such as sports memorabilia, trading cards, expensive watches, to commodities like diamonds.
    24K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (4/10) The next day, the SEC called Kraken to say it was going to sue.
    35K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (2/10) On May 10, before both the House Financial Services Committee and the House Agriculture Committee, Kraken testified about the SEC’s overreach in crypto and its flawed regulation-by-enforcement approach to policy making.
    30K
  • user avatar
    Dave Ripley
    Kraken
    @DavidLRipley
    Feb 23, 2024
    Replying to @DavidLRipley
    (7/10) Instead of identifying securities, the complaint asks the court to endorse a theory that there can be an investment contract without any contract, without any post-sale obligations or even any interaction at all between the issuer and the purchaser.
    25K
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