This kind of storytteling is the reason why XRP is pumping. XRP holders believe that every bank in the world will use the token. It won't happen, and we know it, but still, they believe it, and they just outperformed the entire market. Ethereum is not built on false promises. We ...
In the lawsuit, SEC accused Ripple and two of its top executives of selling over $1.3 billion worth of XRP it terms as a security. Reacting to the lawsuit, Charles Hoskinson admitted that Ripple’s digital token XRP is not a security, but questioned its mode of distribution. Read Also:Eve...
Ripple was also sued for illegally exchanging XRP for non-cash consideration. Though many speculate that the SEC will not win this lawsuit, it is again representative of the agency's aim to get a tighter grip on crypto trading. There has also been a lot of talk about stablecoin regulation....
The crux of the lawsuit involves whether Ripple's token – XRP – is itself a security under the federal securities laws or if the underlying transactions involving XRP were securities transactions. This analysis turned on the court's application of the multipart test established by the U...
Ripple has been facing off against the SEC in court since December 2020, when the regulator filed a lawsuit alleging that the blockchain-based payments network had sold unregistered securities through its XRP token. Ripple has argued that the digital coin is a currency, not a security, and sho...
are, Mr. Leigh Bodden, Mr. Billy W. Bridges, and Mr. Sherman R. Hardy. It will be interesting if Ms. Angela Alsobrooks is going to run after all what is happening in Prince George’s county pertaining to public corruption which has been ongoing for sometimes affecting the county ...