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Nalezeno "Sec": 6715

SEC ‘Wants to Know How Much We Spend on Groceries,’ Say Ripple Execs

12.3.2021
Brad Garlinghouse. Source: a video screenshot, Bloomberg The long battle between the American regulatory Securities and Exchange Commission (SEC) and the XRP issuer Ripple has taken a personal turn – literally – with the SEC seeking personal financial information from banks on the company’s...

Ripple Accuses SEC of Causing $15,000,000,000 Damages

11.3.2021
In the earlier part of December last year, Ripple, a payments platform, came under the lens of legal scrutiny as the US Securities and Exchange Commission (The SEC) accused it of selling its native digital currency XRP worth $1.38 billion without following the registration procedure. This unlawful...

SEC Hits out at Ripple’s ‘Lack of Due Process’ in Letter to Judge

11.3.2021
Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s defense. The SEC claimed that Ripple has attempted to “divert the court’s attention” with invalid fair notice...

3 Bitcoin ETFs Have Been Approved in North America

10.3.2021
There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began...

Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO

7.3.2021
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S....

Ripple Replies to SEC, Claims It Caused Damage to XRP Holders

5.3.2021
In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint...

Larsen’s Lawyer Asks Court To Dismiss SEC’s Case Against Him

4.3.2021
Chris Larsen. Source: A video screenshot, Youtube/CfC St. Moritz While Ripple’s legal woes continue to cast a shadow over the future of the company and XRP, an attorney representing Chris Larsen, the firm’s Co-founder and Executive Chairman, has filed a motion to a US federal judge in which...

North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

4.3.2021
The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching...

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