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SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
Did XRP price just bottom against Bitcoin?
7.5.2024
XRP price fell over 14% year-to-date pressured by Ripple's ongoing legal battle with the SEC so a bounce is in order, analysis suggests
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
24.4.2024
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their...
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
Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’
4.4.2024
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack...
SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’
27.3.2024
The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC...
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 Pressing for $2 Billion in Fines and Penalties from Ripple Labs: Garlinghouse
26.3.2024
Ripple Labs CEO Brad Garlinghouse says on X that the U.S. SEC is seeking $2 billion in fines and penalties from the company with sealed filing underway.
The post SEC Pressing for $2 Billion in Fines and Penalties from Ripple Labs: Garlinghouse appeared first on Cryptonews
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
23.3.2024
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts”...
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
Head of SEC’s Crypto Legal Team Exits for Private Firm
21.2.2024
A press release published on February 21 by White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group.
The post Head of SEC’s Crypto Legal Team Exits for Private Firm appeared first on Cryptonews
Judge Orders Ripple to Comply With SEC’s New Discovery Requests Concerning XRP
7.2.2024
A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory regarding the amount of XRP institutional sales proceeds...
Ripple Must Share Financial Statements Requested by SEC, Court Rules
6.2.2024
The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request
Ripple Must Reveal Financial Statements in SEC Case, District Court Rules
5.2.2024
Ripple will have to reveal its financial statements from 2022-2023 in its case against the United States Securities and Exchange Commission (SEC), a Monday court filing revealed. “At this stage, the Court sees no basis to short-circuit that inquiry by denying access to readily available information...
Ripple's David Schwartz Talks 'Bottom-Up Growth' on XRP Ledger, Rebuts Critics: Q&A
24.1.2024
Schwartz spoke to The Protocol about the aftermath of Ripple's SEC win, his method for dealing with XRP's rabid fanbase, the XRP Ledger's controversial approach to centralization, and more
Ripple Considers IPO Outside US in Response to SEC’s ‘Hostile’ Stance
17.1.2024
Ripple CEO Brad Garlinghouse has revealed that the company explored IPO options outside the United States, attributing this decision to a challenging relationship with the U.S. Securities and Exchange Commission (SEC). Speaking at the World Economic Forum in Davos, Switzerland, Garlinghouse...
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...
Ripple CEO Brad Garlinhouse Fires At SEC Over Crypto Noncompliance Comments
22.12.2023
Source: Adobe/Kristina Blokhin Ripple CEO Brad Garlinghouse has lashed out at the US Securities and Exchange Commission (SEC) chair Gary Gensler, accusing him of “stunning hypocrisy” in the crypto industry. Garlinghouse’s criticism comes in response to Gensler’s recent...
Analisa Torres: The Judge Who Gave Ripple and XRP Hope
4.12.2023
The U.S. District judge's partial ruling against SEC and in favor of Ripple and XRP could create a precedent the crypto industry can come back to over and over