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Ripple Has Sold $15M of Its Stock in MoneyGram

Amy Liu

Summary: Through a filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The tech firm netted a total of $15,303,792.60 from the sales. Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram.  By Amy Liu

Through a filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The tech firm netted a total of $15,303,792.60 from the sales. Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram. 

By Amy Liu

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