Ripple’s Tenacity Against the SEC’s Ongoing Lawsuit
Ripple's Persistence in the Face of SEC's Lawsuit Challenge In a legal battle spanning nearly three years, Ripple finds itself at the center of allegations claiming that the company and its co-founders violated securities regulations by selling approximately $1.3 billion worth of their native cry ...
XRP Makes a Comeback on MetalX.com After Recent Price Decline
XRP Makes Debut on New Exchange Following Significant Price Plunge XRP, the digital currency affiliated with Ripple, has been introduced on MetalX.com, the rebranded version of the Proton DEX exchange. This development follows a recent substantial decline in XRP's value. However, the listing s ...
Delay in SEC Lawsuit Against Coinbase: Speculations and Ripple Lawsuit Influence
A former lawyer for the U.S. Securities and Exchange Commission (SEC) talked about possible reasons that could delay the regulator's filing a lawsuit against the U.S. cryptocurrency exchange Coinbase. Marc Fagel shared with subscribers speculation as to why the SEC has ye ...
Ripple CEO Brad Garlinghouse Optimistic About SEC Lawsuit Outcome at Redefine Tomorrow 2023 Summit
This is the point he made during an interview at the Redefine Tomorrow 2023 Summit Ripple had previously won a very important court victory It's about the Hinman document disclosure Ripple CEO Brad Garlinghouse believes that the legal "epic" of the SE ...
Green United Founders Seek Dismissal of SEC Lawsuit, Deny Fraud Allegations
The founders of Green United LLC filed a motion to dismiss the SEC lawsuit accusing them of fraudulent activity. The regulator sued Green United, a green mining company, in March, alleging that its founders, Wright Thurston and Kristoffer Krohn, were promising investors too ...
Founder of Heisenberg Capital Agrees with SEC Chairman on Crypto-Assets as Securities, Bitcoin Advocate Supports Ruling
Founder of Heisenberg Capital agreed with the SEC chairman that all crypto-assets except bitcoin should be considered securities. Bitcoin advocate Max Keiser sided with Gary Gensler, saying that all altcoins, including XRP and ETH, are securities. The businessman noted t ...
Ripple Acquires Swiss Crypto Storage Provider Metaco for $250 Million
Ripple acquired Swiss startup Metaco, which provides cryptocurrency storage services. The amount of the deal was $250 million. The purchase was a key part of the company's strategy to expand outside the U.S. in the face of regulatory uncertainty. In addition, the compa ...
Founder of TechCrunch Claims SEC Lawsuit Against Ripple Excludes Non-Wealthy Traders
Founder of news portal TechCrunch and venture capital firm CrunchFund Michael Arrington said that by suing Ripple, the US SEC is trying to make trading available only to the rich. Michael Arrington said this during a podcast with cryptocurrency Influencer Layah Heilpern. ...
Ark Invest Remains Bullish on Coinbase, Purchases $8.6 Million in Shares Despite SEC Lawsuit
The value of the deal was $8.6 million And Ark Invest had already purchased shares of the company last month Kathy Wood's Ark Invest fund bought Coinbase stock again. They remain bullish on the most famous U.S. cryptocurrency exchange. And seem confident that ...
Founder of CryptoLaw explains reasons for delay in SEC lawsuit against Ripple
John Deaton, the founder of CryptoLaw, who is representing the interests of XRP holders, has shared his thoughts on the delay in the ruling of the US SEC lawsuit against Ripple. The XRP community has been actively discussing the SEC lawsuit against Ripple on Twitter, with many supporters hoping t ...
US SEC Obtains Guilty Judgment Against Ormenus Coin Project Organizers for Investor Fraud
The US Securities and Exchange Commission has recently secured a conviction against the organizers of the Ormenus Coin cryptocurrency project, and is now seeking payment of a fine for duping investors. According to the regulator, siblings John Barksdale and Jonatina Barksdale developed and operat ...
Ripple’s XRP Surges to Highest Value Since 2022 Amid SEC Lawsuit Settlement Prospects
The price of Ripple's XRP has surged to $0.49 per digital coin, marking its highest value since November 2022. This sudden growth is attributed to the increased likelihood of Ripple settling the SEC lawsuit against it. Interestingly, this chance came about in a third-party case involving the bank ...