“The SEC picked fights with the industry and is losing badly in the Courts. They’re now fighting fellow regulators like the CFTC and falling behind international counterparts. At what point will the SEC realize they will lose the war against ETH just as they lost against XRP?” Notably, G...
Nevertheless, the Fifth Circuit ruling will unlikely influence the SEC vs. Ripple case. Ripple anticipates a court ruling in the coming months. In March, the SECpresentedits case for an almost $2 billion penalty and an injunction prohibiting XRP sales to institutional investors. In April, R...
However, this will depend heavily on the final outcome of the SEC vs Ripple lawsuit. You can view an XRP price prediction at on our dedicated price prediction page. The exchange predicts that the price for the crypto will increase gradually over time as more people adopt the new technology....
Update on the SEC Lawsuit Against Ripple On March 6, the Court issued a 57 page opinion deciding which opinions of the SEC’s and Ripple’s experts can be considered on summary judgment (and, if needed, at trial) and which opinions need to be “stricken.” Specifically, the SEC’s expe...
Blockstack’s token salebecamethe first SEC-qualified offering in U.S. history. Visa, Mastercard, Mercado Pago, Booking Holdings, PayPal, eBay, and Stripe reconsidered their involvement in theLibraconsortium. SWIFT launched anewAPI standard for pre-authorization of funds which will allow a payer’...
Investors can buy now and sell when Ripple has settled or won the SEC's lawsuit alleging the illegal sale of unregistered securities. See more on XPR-USD here.
Update on the SEC Lawsuit against Ripple Last quarter, Ripple hit a milestone with the conclusion of the fact discovery phase on August 31 – the formal process of exchanging information, including exchanging documents and taking testimony, relevant to the case. The case is currently in the exper...
Update on the SEC Lawsuit Against Ripple On December 2, Ripple’s reply brief in support of its motion for summary judgment where the company asked the court to grant judgment in the company’s favor was madepublic. After two years of fighting this lawsuit on behalf of the entire crypto in...
Update on the SEC Lawsuit Against Ripple On July 12, Judge Netburndeniedthe SEC’s attorney-client privilege claims relating to drafts of a June 2018 speech by former SEC director William Hinman, which included remarks on why he did not consider offers and sales of bitcoin and ether to be ...
A class action lawsuit wasfiled against Ripplein 2018. The lawsuit stated that the way Ripple did things amounted to “a never-ending initial coin offering” after the coins were created “out of thin air.” The US Securities and Exchange Commission (SEC) took an interest after deciding that...