WallStreetBets Traders Pump XRP Price Higher: Up 50% in 24 Hours
Some analysts in the crypto industry say that the current price of XRP is unsustainable.WallStreetBets traders appear to be in no mood to leave the headlines anytime soon as they have continued to hug the media attention, especially with their latest interest in the...
Ripple Files Response to SEC Lawsuit against Alleged XRP Sales as Securities
The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.The San Franciso-based fintech startup Ripple has issued...
Ripple Faces Another Lawsuit in Florida
Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.Ripple Labs is facing another imminent lawsuit as the crypto firm has been sued by Tyler Toomey, an...
Ripple Co-founder Sells 28M XRP, Company Awaits Biden’s Administration
Stu Alderoty’s sense of buoyancy was also highlighted in the post as he revealed that he believes Biden’s administration would make crypto regulation one of their top most priority over the next four years.
According to reports, Stu Alderoty, general counsel for Ripple has said...
FSA in Japan Says XRP Is Not Security
Japan is not the only country to have released a statement saying it does not recognize XRP has a security. Financial authorities in the United Kingdom have the same position.Authorities in Japan have said that they do not consider the XRP token closely connected...
Bakkt CEO Confirms Firm Has No Plans to Support XRP
The move from Bakkt further complements the decision of Coinbase and other exchanges including Binance US, OKCoin which had removed XRP coin from their platforms.Bakkt, the digital asset marketplace backed by Intercontinental Exchange Inc, has revealed that it has no plans to support XRP...
Ripple Attempted to Settle Issues Related to XRP with SEC
The Ripple executives view these XRP-related issues with the SEC as an attack on the entire cryptocurrency ecosystem.Ripple Labs Inc has been very much famous in the last couple of months with its legal struggle with the US Securities and Exchange Commission (SEC) which...
Ripple Investor Tetragon Sues It Following SEC Action
The UK-based investment giant has stated that it plans to redeem its Series C stock as per the “contractual right”. Thus, it asks regulators to prevent Ripple from using its cash or other liquid assets until it clears the dues. Ripple says the lawsuit...
XRP Investors Files Petition Seeking SEC to Change Its Classification of XRP as Security
The petitioners accused the SEC of causing remarkable damage to their XRP coin holdings which has tanked in value since it filed the lawsuit.
A small team of XRP cryptocurrency investors has filed a petition with the Rhode Island District Court in a move that...
Ripple to Confront US SEC in February 2021
As per the court order from the US District Court of New York, both the parties have been asked to submit a joint statement with the case’s legal arguments, potential motions and likelihood of settlements.The battle is just getting started for Ripple as the...
