Category: SEC vs Ripple

XRP Lawsuit: SEC Denial of Former Comments on Ether is Not Sitting Well with XRP Community

The latest update in the ongoing social media battle fought by the XRP community, regarding the XRP lawsuit, recently saw the community unite to criticize the SEC for an emailed reply from the commission that has been leaked on Twitter. According to the screenshot of the email, the SEC claims that they never made any […]

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Ripple Expects SEC Lawsuit Over XRP to Conclude Next Year, CEO Says ‘We’re Seeing Pretty Good Progress’

Ripple Expects SEC Lawsuit Over XRP to Conclude Next Year, CEO Says ‘We’re Seeing Pretty Good Progress’

Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year Ripple CEO […]

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Coinbase confirms it’s not re-listing Ripple’s XRP, as price tanks 10%

Coinbase confirms it’s not re-listing Ripple’s XRP, as price tanks 10%

A technical glitch on Coinbase was showing XRP trading available on the platform. XRP price showed strong volatility during today’s trading session. Ripple’s XRP has been showing strong volatility over the last few hours over the confusion of its re-listing on crypto exchange Coinbase. Earlier today, the XRP price shot all the way to a […]

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Gary Gensler Could Prove to be More Disastrous For Crypto Than Jay Clayton, Here’s Why

Gary Gensler, the current SEC chief recently gave an interview to Washington Post to talk about cryptocurrencies and regulations. He reiterated his earlier stance on the need for strict investor protection regulations and suggested he is here to clean the crypto market before it “spills.” The security debate has also turned quite controversial given the […]

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Can SEC’s Tough Stand on Coinbase Trigger A Crypto Market Sell-off?

A fresh brawl has emerged recently between the regulators and the crypto industry, and this time securities regulator U.S. SEC is planning to sue public-listed crypto firm Coinbase (NASDAQ: COIN). The SEC is planning for an enforcement regulation on Coinbase’s crypto lending business. On Tuesday, September 7, Coinbase CEO Brian Armstrong took to Twitter expressing […]

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Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit

Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit

Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against Ripple Labs and its executives. SEC’s Conflicts of Interest Involving Bitcoin, Ether, XRP, Ripple Empower Oversight Whistleblowers & […]

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SEC Objects to Ripple’s Deposition Subpoena for Former Official, Is Jay Clayton the Former Official?

The US Securities and Exchange Commission (SEC) is planning to file a motion by 24th June to quash the deposition subpoena served by the defendants (Ripple) on a former SEC official. The official schedule for the motion is listed below.   The said motion scheduled to be filed by the SEC comes due to the […]

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Ripple Wins Discovery: Judge Grants Access to SEC Internal Records on Bitcoin, Ether, XRP

Ripple Labs has reportedly won discovery from the U.S. Securities and Exchange Commission (SEC). The court has ordered the commission to produce internal records relating to discussions of whether XRP tokens are similar to bitcoin and ether, which are currently not classified as securities. Ripple Wins Discovery From SEC, Gaining Access to the Commission’s Internal […]

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US Court Rejects SEC’s Attempt to Block XRP Holders’ Motion to Intervene in Ripple Lawsuit

In the SEC v. Ripple lawsuit, the court has rejected the SEC’s attempt to block XRP holders’ Motion to Intervene and has set submission deadlines for the motion to be filed as well as for responses from the SEC and Ripple. Judge Dismissed SEC’s Attempt to Stop XRP Holders From Intervening in Ripple Lawsuit In […]

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Ripple CEO Files a Motion to Dismiss SEC’s Amended Complaint Against Him

Brad Garlinghouse, the CEO of Ripple has filed a motion to dismiss the Security and Exchange Commission’s amended complaint against him calling it a regulatory reach. The SEC filed a class-action lawsuit against Ripple and two of its executives back in December 2020, accusing the decedents of selling unregistered security in the form of XRP […]

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