Ripple Board Member Arrested for Cyber Stalking

Tuesday 27 October 2020, 1:43 AM AEST - 1 month ago

RippleRipple Board Member Arrested for Cyber Stalking 19

  • Ken Kurson was arrested for harassment of ex-wifes associates.
  • Kurson was previously the editor in chief of the New York Observer and assisted Donald Trumps presidential campaign in 2016.
  • Latest in a series of controversies for Ripple Labs

Ken Kurson, a prominent member of Ripple Labs board of directors, has been arrested by Federal authorities on charges of Cyberstalking.

Kurson – a key architect in Donald Trumps 2016 Presidential Campaign – is primarily known for his work as the Chief Editor of the New York Observer from 2013 to 2017. In the crypto community, he is famous for founding the Cryptocurrency news site, Modern Consensus.

In 2017, his work for Modern Consensus earned him a position on Ripples board of directors. The company cited his unique analytical abilities and market experience as the reason for offering him such a prestigious job. That position is now in jeopardy as a result of his alleged crime.

Today, a report by the New York Times revealed that Kurson is accused of threatening three of his ex-wifes associates and harassment of two others. He allegedly holds the victims accountable for his recent divorce. At least one of Kursons alleged victims considered him a friend. It is further alleged that Kurson used several aliases in an attempt to conceal his campaign of harassment.

The FBI – who made the arrest – also have evidence which suggests that Kurson used Keylogging software on at least one of his victims computers.

A bad look for Ripple

Kursons arrest is terrible news for Ripple Labs. The company has frequently courted controversy since 2015. High profile cases include FinCENs decision to fine the company 700,000 dollars in May of 2015 for violation of the Bank Secrecy Act. The company also faced a lawsuit last year alleging ...

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