Tag: XRP

Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida

Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida

A new class-action lawsuit has been filed against Ripple, its CEO Brad Garlinghouse and its subsidiary XRP II, LLC. Filed in the Middle District Court of Florida on Monday, the case alleges that the defendants sold “millions of dollars (or more)” of XRP without registering it either with federal or Florida authorities. “On numerous occasions, […]

Continue Reading

Experts argue over most likely outcome of SEC lawsuit against Ripple

Crypto analyst Magic believes that Biden’s nominees to the U.S. Treasury, SEC and OCC will provide regulatory clarity and benefit Ripple. Arca co-founder Phil Liu, on the other hand, predicts Ripple’s insolvency. The SEC lawsuit against Ripple continues to be the most controversial in the crypto community. A current seemingly overwhelming majority believes that a […]

Continue Reading

Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses

Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses

Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital […]

Continue Reading