District Court for the Southern District of New York (SDNY) in SEC v. Ripple Labs, Inc. denied the SEC's request for an interlocutory appeal of the bombshell summary judgment ruling in the case, the SEC filed a legal brief in a separate matter providing insight into how it will...
Canary Capital’s Ambitious Move Canary Capital has taken a bold step by filing an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the establishment of a spot XRP exchange-traded fund (ETF). This strategic move marks the second initiation of its kind within a fortnight...
Last week, it was reported that Ripple had paid a $125 million penalty to settle an enforcement case brought by the Securities and Exchange Commission (SEC). Ripple, the issuer of XRP, was found guilty of selling unregistered securities, but the penalty was far smaller than… Read More X ...
the third largest virtual currency with billions of dollars in trading every day, is a currency like the SEC has deemed Bitcoin and Ether, and is not an investment contract. This case bears no resemblance to the initial coin offering cases ...
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news! Image Source: parilovv/ 123RF // Image Effects by Colorcinch About The Author Dec 26, 2024XRP Lawsuit 2024: A Year in Review of the SEC’s Battle Against Ripple And...
However, as of now, and this is based on the case’s latest developments, it seems that Ripple is in a better position to win the case. The SEC has yet to present a clear argument as to why XRP should be classified as a security, while Ripple has provided a number of compelling rea...
uses in various products and services, spiked nearly 30% from the day's low to a high of 64 cents in the hours after the fine was revealed. Trading of XRP hadintensifiedin recent months, especially in South Korea, due to the expectation of a conclusion of the SEC's case against Ripple...
The battle between the SEC and Ripple is likely to be fierce and full of twists and turns. Ripple plans to fight the legal action with all the means at its disposal. Regardless of the outcome of this case, the reputation of the company has taken a major hit. If further delisting occurs...
Read the Latest on Our Policy Perspectives New Frameworks for Regulating Decentralized Finance February 3, 2024 Ripple Fully Licensed to Provide Digital Payment Token Services in Singapore October 4, 2023 XRP is Not a Security: Ripple’s Landmark Victory in SEC Lawsuit ...
Bitcoin Foundation Chairman Brock Pierce discusses crypto regulation and reacts to the SEC losing its lawsuit against Ripple on 'Cavuto: Coast to Coast.' Facebook Twitter Email Copy to clipboard Copy to clipboard Tags WHAT TO WATCH SHOWS