Tag: xrp lawsuit

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 set to help this country in developing their Sovereign digital currency

Ripple has announced its exclusive partnership with the Island nation, the Republic of Palau to explore the country’s first national digital currency and its use cases facilitated on the XRP Ledger (XRPL). According to Ripple, with the focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau, the country may be […]

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XRP Lawsuit: Is it Fair Play to Leave Ether Untouched while Imposing Security Law on XRP?

According to recent updates in the ongoing XRP lawsuit, the case seems to be slipping away from Ripple and heading towards a settlement in the SEC’s favor. However, even if Ripple loses the case and XRP is declared as security, the question arises, Why only XRP? If put in SEC Chief Grundfest’s words, even before […]

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XRP Lawsuit: Amici Curiae Attorney Claims to have Critical Evidence about Community’s XRP Holdings

The market is in upheaval with Attorney John E Deaton’s latest tweet about his claims on holding “objective empirical evidence” proving that the majority, amounting to approximately 60% of XRP Holders were unaware of Ripple when they had invested in the token for the first time. Henceforth, according to the Howey Test, it is almost […]

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This Exchange continues XRP listing While Ripple Could Potentially Fold with Settlement

The XRP community is singing praises of the multi-asset exchange, Uphold for continuing its XRP listing despite consistent regulatory disapproval and an extended lawsuit at hand. Uphold’s exclusive announcement determined that the exchange will not delist XRP unless the SEC’s alleged accusations against Ripple are adjudicated to legally prove XRP as security, or if the […]

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Ripple Calls SEC approach “hostile”, suggest limitations to regulatory interference in crypto

Amid the ongoing XRP lawsuit, it has become evident that the entire crypto community along with the defendants, Ripple, are displeased with the extent of SEC’s regulatory powers. According to Bloomberg, yesterday, Ripple called on regulators, lawmakers, and the industry to carve out a framework limiting regulatory oversight of the SEC on the decentralized market. […]

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Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub, which aims to be “a one-stop shop for enterprises to source any tokenized asset.” The product “will allow customers to seamlessly access crypto assets from a variety of global venues, including market makers, […]

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XRP Lawsuit: Court Grants SEC Motion to Compel Discovery of Ripple’s internal meeting recordings

The latest update in the XRP lawsuit saw the court order Ripple in a Text Only Order to conduct a reasonable search of the relevant video and audio-taped recordings, and produce responsive documents of its internal meetings. The court noted that Ripple’s former search of its recorded meetings was “inadequate under the circumstances”. #XRPCommunity #SECGov […]

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XRP Lawsuit: Market rages with settlement speculations, but will either parties fold?

The historic XRP lawsuit is now standing at the crossroads of entering a settlement or extending the case for another six months. According to the exclusive XRP lawsuit calendar provided by James K. Filan, it is evident that the upcoming deadlines pose a pressing concern to the SEC and may further gravitate the plaintiff towards […]

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From $2 Trillion MCAP to Almost Zero $SQUID Coin Scammers Make $3.3 M, Will SEC Intervene?

The internet has been blown away with the exclusively brilliant Squid Game Scam. The Squid Game Token creators have aced an extraordinary “rug pull” and vanished just in time when the price surged up to nearly 2,400 percent in 24 hours window. Token holders are left helpless with the inability to withdraw post-hike, and it […]

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