Ripple vs SEC: New Investigation Reveals There is More to the Lawsuit Than Just XRP Being A Security
The US Securities and Exchange Commission,11 months ago, sued Ripple Labs for selling XRP tokens in violation of securities regulations. It also sued Brad Garlinghouse and Chris Larsen, CEO and chairman of the company, for contributing to and benefiting from the violation. This has been a long lawsuit since then, and it seems it won’t […]
Ripple CEO Says The Company Has Made Significant Strides in The SEC Case
Ripple, a San Francisco-based fintech startup, has been battling the US Securities and Exchange Commission for selling unregistered securities (XRP) for almost 11 months. Although Ripple has consistently asserted that there was no wrongdoing, the SEC continues to make strong allegations. Ripple Expect Case to Close Next Year In an interview on November 22, Ripple […]
Ripple CEO Criticizes the Meeting of Current and Former SEC’s Chairman Before the XRP Lawsuit
The lawsuit between Ripple and SEC seems far from over as recent developments in the case also suggest that it may be extended into the new year. The biggest issue, in this case, is the connection between the current chairman of the regulator Gary Gensler and former chairman Jay Clayton and how Ethereum is about […]
Ripple CEO Condemns the SEC for Refusing to Comment on Ethereum’s Legal Status
Brad Garlinghouse, CEO of the financial technology company Ripple, again criticized the US Securities and Exchange Commission for refusing to clarify the regulation of the cryptocurrency market. SEC Accused Ripple of illegally Selling Securities in the Form of XRP Tokens Ripple is currently in a dispute with the US Securities and Exchange Commission, which has […]
XRP Holders Accused of Sharing False Information About Senior SEC officials on Social Media
The legal battle between the US Securities and Exchange Commission and Ripple has taken on a new development as the agency accused XRP holders of spreading false statements about their leadership on various social media platforms. This is because the SEC tried to deny Ripple’s request to remove former SEC officials. SEC says XRP Holders […]
Ripple Plans to Summon Former SEC Director, But the Regulator Objects Motion
Ripple Labs and the US Securities and Exchange Commission have argued in court over the testimony of a former US Securities and Exchange Commission official. Although it is speculated that this official could be former chairman Jay Clayton, no one knows exactly who he is, until now. In the new court documents, regulators revealed that […]
Ripple vs SEC: SEC Opposes Ripple’s Subpoena Against Former Official
The US Securities and Exchange Commission plans to file a motion to waive the defendant’s (Ripple) testimony on June 24th against a former SEC official. SEC Files Motion Due to Difference The SEC plans to file the motion below due to differences between the two parties as Ripple plans to take an oath to challenge […]
Billionaire Mark Cuban Support the Ripple community Against SEC
Mark Cuban posted a comment on cryptocurrency on his personal Twitter account, a name well known among investors. He’s one of the most followed investors out there, as is Elon Musk, especially his take on Dogecoin and his support for the community. Mark Cuban in Support of Ripple In a tweet he shared that day, […]
XRP Community Putting Pressure on the SEC after Organizing a Protest Outside its Headquarters
After petitions, online campaigns, and even plans to increase prices, the XRP community continues to rally behind Ripple. On Friday, many of them went ahead and protested outside the SEC headquarters. They called on the US Securities and Exchange Commission to “end the war on cryptocurrencies”. Ripple Versus SEC Lawsuit For the past few months, […]
XRP Holders Petition Advises SEC to Investigate its Former Boss and Drop Ripple Lawsuit
The Change.org petition for XRP holders urging the SEC to abandon Ripple’s lawsuit and investigate its former boss, Jay Clayton, has received more than 30,000 signatures. XRP Holders to Submit Petition Crypto & Policy founder Thomas Hodge wrote that he will now be sent to SEC chairman Gary Gensler: “I am closing the petition and […]