In a significant development with potential ramifications for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) is seeking a substantial penalty from Ripple Labs in a landmark case. The SEC has proposed a fine of nearly $2 billion, urging a New York court to assess the severity of Ripple’s alleged misconduct involving unregistered […]
The legal battle between Ripple, the company behind the XRP cryptocurrency, and the U.S. Securities and Exchange Commission (SEC), is heating up as both parties prepare for the remedy stage of the lawsuit. The SEC initiated the legal tussle in December 2020, accusing Ripple of unlawfully vending XRP as unregistered securities, amassing a whopping $1.3 […]
If you are a crypto enthusiast, you have probably heard about the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC). The case has been making headlines for months, and it could have a significant impact on the future of the crypto industry. But what is the case really about? And […]
In a monumental win for the cryptocurrency industry, Ripple has emerged triumphant in its long-standing legal battle against the US Securities and Exchange Commission (SEC). A huge win today – as a matter of law – XRP is not a security. Also a matter of law – sales on exchanges are not securities. Sales by […]
Ripple’s native token, XRP, is generating significant buzz as a prominent crypto analyst and ardent XRP supporter, known as Crypto Asset Guy, shares an ambitious prediction. With an impressive following of over 31,000 on Twitter, Crypto Asset Guy has caught the attention of crypto enthusiasts with his assertion that XRP could realistically reach $10 in […]
Ali, a popular crypto analyst, predicted the next direction of XRP on Twitter. According to him, a rise in the value of Ripple is probable in the days to come. This prediction was attributed to the increase in activities on Ripple’s network. The increasing number of active XRP addresses also contributed to Ali’s reason for […]
The legal dispute between the cryptocurrency blockchain company Ripple and the Securities and Exchange Commission (SEC) has been lingering for a long time now. Even though the ongoing legal dispute has been ongoing for more than two years, the intensity of debate concerning the subject matter keeps increasing within the cryptocurrency community. Recently, Mike Belshe, […]
On July 7, 2014, XRP (XRPUSD) was worth $0.0028. XRPUSD reached the all-time high (ATH) of $3.84 on January 4, 2018. That means you would have made a profit of more than $137,000 if you invested just $100 in XRP in July 2014. Wow! That kind of return was massive. Wasn’t it? However, the chances […]
The Ripple community reacted excitedly on Tuesday after the U.S. Securities and Exchange Commission (SEC) finally released internal documents pertaining to former commissioner William Hinman’s speech on digital assets back in 2018. However, the SEC’s decision to disclose the speech has not only intensified the ongoing legal battle but has also provoked a scathing response […]
