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Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded
28.10.2024
The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains
Ripple Escalates SEC Battle, Defends XRP’s Non-Security Classification
26.10.2024
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s non-security status remains untouchable due to strict court review limits. Ripple’s Legal Battle With SEC Over XRP Continues Ripple’s chief legal officer, Stuart Alderoty, announced...
2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
22.10.2024
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid....
SEC’s Ripple appeal doesn’t challenge XRP non-security status
18.10.2024
Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
14.10.2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing...
Ripple and SEC could reach a verdict during the 14-day appeal period
7.10.2024
The SEC’s appeal against Judge Torres’ decision has been filed with the US Court of Appeals. This appeal…
Report: No authority in the world can freeze XRP
7.10.2024
The long case between the United States SEC and Ripple Labs is beginning to make sense. According to…
Asset Management Firm Bitwise Files for Spot XRP ETF
2.10.2024
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook...
Ripple’s XRP price in trouble amid SEC Chair hints at further crypto action
19.9.2024
Ripple’s XRP price is up 1.9% in the last 24 hours following favorable Fed rate cuts. Despite the…
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
17.6.2024
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized...
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
16.6.2024
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...
Ripple Seeks Court Approval to Seal Sensitive Documents in SEC Lawsuit
16.5.2024
Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies, financial data, and internal communications. Public...
Ripple Files Opposition to SEC’s $2 Billion Penalty Request
23.4.2024
Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.”
The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews
XRP Community Seeking New ICOs for Potential 1000% ROI Opportunities – Here’s the Latest
26.3.2024
With XRP (XRP) struggling to keep up with the broader crypto market on Tuesday as traders digest news that the SEC is seeking to impose a crippling $2 billion fine on XRP issuer Ripple, XRP community members are seeking new ICOs that present potential 1,000% return on income (ROI)...
SEC Seeks Court Order for Ripple’s Financial Statements in Ongoing Legal Tussle
12.1.2024
The legal battle between the SEC and Ripple Labs continues, with the SEC seeking court intervention to obtain Ripple’s financial statements and data on institutional XRP sales. SEC’s Legal Pursuit of Ripple Continues With Request to Disclose Financials and XRP Contracts The U.S....
Ripple Faces SEC Pressure for Financial Transparency in Ongoing Legal Saga
12.1.2024
Source: Adobe / Dennis The legal battle between US-based blockchain payments firm Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn as the SEC seeks to compel Ripple to disclose its financial statements for the years 2022-2023. The regulator filed the motion...
XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On?
31.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger launched by US fintech firm Ripple Labs back in 2011, has jumped nearly 8% in the past seven days, with more than 3.5% of these gains coming in the last 24 hours after XRP hit $0.60 for the first time since mid-August on Tuesday. XRP...
SEC Wants $770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’
29.10.2023
The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed” after it lost several legal battles against the crypto...
Ripple CTO clarifies on SEC appeal, spotlights case complexity
20.8.2023
According to the CTO, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet reached a conclusion
SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings
10.8.2023
The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court...