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Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
14.1.2021
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange...
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman
14.1.2021
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker...
Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit
13.1.2021
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit
8.1.2021
Data and traders reveal the source of XRP's recent price rally could be Asia
Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says
7.1.2021
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
6.1.2021
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more...
XRP enthusiasts seek to force White House’s hand on SEC suit
2.1.2021
A longshot effort from the community hopes to solicit an official White House response
EToro USA Becomes Latest Exchange to Suspend XRP Trading
31.12.2020
The U.S. division of eToro is suspending XRP trading after an SEC suit alleging it is a security
Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
30.12.2020
Ripple and the SEC will meet over video call, according to a court order from the US District Court of the Southern District of New York
SEC lawsuit against Ripple set for virtual pretrial conference in February
30.12.2020
The SEC's case against Ripple for selling XRP as unlicensed securities will begin with a pretrial in February 2021
Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple
28.12.2020
Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs
Market Wrap: Bitcoin Rangebound as XRP Plummets After SEC Lawsuit
23.12.2020
Bitcoin continues trading below $24,000 as legal action by the SEC rattles the XRP market
Hong Kong Trading Platform OSL Suspends XRP Services as SEC Sues Ripple
23.12.2020
The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers
SEC set to sue Ripple with XRP in the crosshairs
22.12.2020
Despite the company's protestations, it appears the SEC is the latest in a long line of plaintiffs
Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram
28.11.2020
It is the first such sale of MoneyGram stock since the startup invested in the remittance giant in 2019
XRP Is Not a Security, Argues US Congressman Tom Emmer
21.8.2020
The asset still has no official distinction, however
MoneyGram Declared $11.3 Million Ripple Cash Injection as Revenue
2.3.2020
MoneyGram previously declared $11.3 million in “Ripple market development fees” as revenue
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...