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Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches
30.9.2024
A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision regarding XRP in the Ripple lawsuit. The SEC views the ruling as flawed and is likely to submit an appeal before the approaching Oct. 7 deadline. Ripple...
SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...
Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy
20.5.2024
Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19.
The post Ripple’s CTO David Schwartz Sheds Light...
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....
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
25.7.2023
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...
Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
13.7.2023
XRP climbed as high as 64 cents at one point, its highest level since May
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws
18.9.2022
Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years
18.7.2022
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty...
Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year
3.7.2022
After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data...
Ripple Resumes Programmatic XRP Sales, Citing ODL Growth
7.5.2021
The so-called “programmatic sales” of XRP (essentially meaning open market exchange sales) have made another return – with major blockchain company Ripple once again claiming it's due to On-Demand Liquidity (ODL).
In their May 6 report, Ripple wrote that, for "well over a year," they have...
Ripple’s XRP sales suppressed coin price, amended court complaint alleges
19.2.2021
The SEC alleges that Ripple executives misled investors and manipulated the XRP coin price by creating an “information vacuum.”
Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May
14.2.2021
During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today....
Ripple Responds to SEC Lawsuit Over XRP Sales
29.1.2021
In a Friday filing, Ripple Labs pushed back against the SEC’s allegations
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...
Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2
5.8.2020
Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...
Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes
4.8.2020
China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision
Ripple Q2 2020 Report: XRP Sales Increased 19-Fold
4.8.2020
The XRP Markets Report shows Ripplenet’s On-Demand Liquidity network experienced 11x growth compared to 2019, while XRP sales surged in Q2
Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2
3.8.2020
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019
Ripple’s XRP Sales Drop Sharply, ODL Gets Traction
1.5.2020
The XRP-affiliated fintech firm Ripple has once again reduced selling from its massive holdings of XRP tokens, this time reaching its lowest quarterly sales ever.
According to their new report, the first quarter of this year saw XRP sales by Ripple of USD 1.75 million. The new figure comes after...
Ripple’s XRP Sales Fall to $1.75M as ODL Network Volume Triples
1.5.2020
The XRP Markets Report for Q1 2020 shows the On-Demand Liquidity network is more popular than ever, while Ripple’s XRP sales have hit a new low