Then the SEC started suing US companies that tried this so the trend dried up, it wasn't proven illegal mind you, the SEC just created enough regulatory uncertainty and threat so no one wanted to try it just to be the standard bearer in a 4 year lawsuit (thanks Ripple!). Naturally all...
2024 could be a pivotal year for Ripple. With the legal hurdles of the SEC lawsuit lifted, institutional adoption seems poised to be the key driver of growth for its ecosystem. But will this translate into a price skyrocket for XRP? According to data from Coingecko, Ripple ($XRP) ended 20...
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers BYJane Thier November 17, 2024 The Coins Ripple’s XRP soars over 40% as regulatory headwinds let up BYCatherine McGrath December 2, 2024 BYGlenn ChapmanandAFP September 13, 2024...
MichaelXBT, a heavyweight in Bitcoin trading, revealed his XRP playpost-SEC win. If XRP hits $2, he’ll earn a $1.5 million payday. However, this is a bold claim given the market turbulence and the possibility of another lawsuit against XRP’s Ripple Labs. While most people won’t get...
XRP issues with the SEC have undoubtedly slowed its adoption and widespread recognition as a digital currency. Moreover, many exchanges have restricted XRP trading or stopped it completely, like U.S. platforms that have been warned against supporting the cryptocurrency until the lawsuit concludes. ...
The XRP (CRYPTO: XRP) cryptocurrency, commonly known as Ripple, saw a sharp price drop on Thursday. The coin, which serves essential functions in the RippleNet international payments system, dropped as much as 11.9% in 24 hours. The price drop is the res
Sometime in 2020, the firm was facing a lawsuit from the SEC, which posed a risk to the future of Ripple. The value of XRP can swing wildly. The pricing was subject to considerable shifts over the year 2021. However, the bearish sentiment in the market caused the price to fall, and ...
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. ...
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...
“Racial discrimination in the Prince George’s Police Department is discouraging the reporting of abuse committed by PGPD officers because Latinx and Black officers in the department experience retaliation for speaking out about it, spurring a lawsuit. New leadership in the county must take firm step...