Do You See What Just Happened Profile picture
Oct 26, 2019 5 tweets 7 min read
@digitalassetbuy @bgarlinghouse @chrislarsensf @Ripple 1 of 5
Think about it. Ripple has one company running in Luxembourg which is called Ripple Luxembourg S.A.
For the year ended 2018 Ripple Luxembourg S.A. reported EUR 529,630.89 in total assets and has a net equity of EUR 91,220.09. The loss for the year was EUR 7,730.26. @digitalassetbuy @bgarlinghouse @chrislarsensf @Ripple 2 of 5
Is this entity of any significance to the Luxembourg economy? The local comer shop make more profit and has more assets on the balance sheet; never the less the Luxembourg Finance Minister is travelling to San Francisco to meet with this very own company?