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SEC Appeals Ripple Case, Citing Errors in Final Judgment
3.10.2024
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges...
Ripple lawyer slams SEC use of 'crypto asset security'
3.9.2024
Ripple's chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.
Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger
14.8.2024
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3...
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
12.8.2024
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
12.8.2024
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim
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 Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
9.8.2024
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase...
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
8.8.2024
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price. In the 24 hours leading up to...
XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’
8.8.2024
XRP’s price has surged 26% as the Ripple vs. SEC case appears to be nearing its final stages, with no signs suggesting that XRP will be classified as a security
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
8.8.2024
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is...
Judge finds Ripple Labs liable for $125M penalty in SEC case
7.8.2024
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds
Judge finds Ripple Labs liable for $125M penalty in SEC case
7.8.2024
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds
Harris's campaign aims to repair democratic ties with crypto sector
28.7.2024
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve
Palau partners with Soramitsu on blockchain-based bond platform
16.7.2024
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology
Ripple vs. SEC: Ripple’s landmark victory one year later
13.7.2024
While challenges remain, Ripple's victory has set a precedent that could shape the future of the cryptocurrency industry for years to come
SEC vs. Ripple: One year on since landmark ruling
13.7.2024
While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come
SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty
17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...
Ripple Labs closes Standard Custody acquisition deal
11.6.2024
Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple
Ripple partners with National Bank of Georgia to digitize economy
10.6.2024
Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...