Ripple vs. SEC: Will the Supreme Court Be the Final Battle for XRP’s Future?
The ongoing legal battle between Ripple and the SEC has taken a significant turn as the SEC filed an appeal. This appeal challenges a recent ruling that favored Ripple, raising questions for XRP users. Background of the Case In July 2023, Judge Analisa Torres ruled that Ripple violated securities laws through its institutional sales of […]
Ripple CEO Criticizes SEC as XRP Price Plummets Following Appeal
Ripple CEO Brad Garlinghouse has responded to XRP’s recent price drop, which contrasts with broader market trends. XRP has fallen significantly, trading at $0.5352 after losing 10.75% of its value in the past 24 hours. This steep decline sets it apart from other major crypto assets, which have seen a more modest dip of about […]
Ripple’s Victory: Challenging the SEC’s Approach to Digital Assets
Recent legal rulings have highlighted increasing criticism of the U.S. Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation, especially its classification of digital assets as securities. Attorney and XRP advocate Bill Morgan has pointed out these criticisms, suggesting a growing pushback against the SEC’s stance on crypto assets. XRP’s Historic Legal Victory Morgan emphasized […]
Ripple CEO Foresees Resolution in Long-Running SEC Dispute
Ripple CEO Brad Garlinghouse is confident about resolving the long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) after an upcoming meeting next week. Garlinghouse hinted that a settlement might be near, particularly following a closed-door meeting with the SEC. While he did not explicitly confirm ongoing settlement talks, his optimistic remarks suggest […]
Ripple’s XRP Transactions and SEC Case Stir Market Activity
Cryptocurrency tracker Whale Alert reported two substantial XRP transactions, moving over $30 million in value. These transfers occurred while XRP’s price surged by 7% overnight. Whale Alert detected two large XRP transactions. One transaction involved withdrawing 23,656,185 XRP from Binance to an anonymous blockchain wallet, valued at $14,075,541. The second transaction saw 28,110,000 XRP coins […]
XRP Market Buzz: Massive $1.7 Billion Turnover Stuns Traders
In a significant surge, derivatives trading volume for XRP has skyrocketed by a remarkable 194% within the last 24 hours, as reported by CoinGlass data. This surge coincides with a pivotal date in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Trading Volume Surge The trading volume surge is […]
Ripple Lawsuit: Latest Move Unveiled by SEC
In a recent development, the United States Securities and Exchange Commission (SEC) has filed its final remedies-related reply brief and supporting exhibits in the ongoing Ripple lawsuit. The motions, as confirmed by popular defense lawyer James Filan, are currently sealed. However, a redacted version of the filing is set to be made public on May […]
XRP Transfer Sparks Speculation Amidst Legal Battle
Whale Alert, a leading blockchain tracker, has detected a significant transfer of 20.28 million XRP tokens, valued at around $10.6 million, from major exchange Binance to an undisclosed wallet. This transfer, occurring amidst ongoing legal proceedings between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), has stirred attention within the crypto community. Implications […]