Collateral
Plain definition. Collateral was a firm that offered peer-to-peer style investments, and its directors fraudulently made it look as though the firm held permission from the Financial Conduct Authority.
Technical definition. Collateral offered peer-to-peer style investments, and its directors fraudulently changed the firm’s public entry on the FCA’s interim permission register. The change made it look as though Collateral held FCA interim permission to undertake consumer credit activities, when it did not. In July 2023 the directors were sentenced to a total of 8 years imprisonment for their role in the fraud, the FCA said.
On this site
On this site, Collateral comes up in Could an XRP treasury company be forced to sell its XRP?, Does XRP meet the tests for institutional collateral?, Is XRP already used as collateral and credit, or is that still in the future?, Does Ripple Prime accept XRP as collateral? and What happens to an XRP-backed loan if XRP’s price drops?.
Source
FCA apologises to Collateral investors | FCA (fca.org.uk), read October 1, 2026.
Pages that cover Collateral
- Does XRP credit depend on native XRPL lending?
- What kinds of XRP credit exist today?
- Why could lending and collateral use matter for XRP?
- Can XRP be used as margin for futures, options and perpetuals, and where?
- What happens to an XRP-backed loan if XRP's price drops?
- Can XRP be used as collateral like US Treasuries?
- What happened to XRP held with crypto lenders that collapsed in 2022?
- What rules govern lending against XRP, and how do bank capital rules treat it?
- What does the public evidence show about what drives XRP's price?
- Is XRP valued as a payment coin or as a liquidity and collateral asset?
- Does Ripple Prime accept XRP as collateral?
- Is XRP already used as collateral and credit, or is that still in the future?
- Does XRP meet the tests for institutional collateral?
- Could XRP lending create a self-reinforcing feedback loop?
- Does one dollar of XRP support more than one dollar of financial activity?
- How much credit is being created against XRP, and can it be measured?
- How much can you borrow against XRP, and who sets the haircut?
- Could an XRP treasury company be forced to sell its XRP?
- What do tokenized markets need, and is XRPL built for it?
- How can you build an XRP valuation model that isn't a price target?
- Can tokenized Treasuries and funds be turned into cash or credit?