Category: XRP

XRP is a native digital asset created in 2012 by Ripple Labs and is designed for global payments. XRP is a faster, less expensive, and greener alternative to Bitcoin

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XRP Holder Files Motion To Intervene in SEC’s Lawsuit Against Ripple, Says Agency Caused Crypto Asset To Lose Billions in Value

A lawyer and XRP enthusiast is attempting to insert a “motion to Intervene” in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple, arguing that the case caused the crypto asset to lose billions of dollars in value. John Deaton, a managing partner at Deaton Law Firm, which focuses on asbestos litigation, first filed

Ripple Acquires Firm With Expertise in Building Trading Platforms, Integrating With Crypto Exchanges

Digital payments giant Ripple appears to be preparing to expand its network, acquiring an unnamed firm with proficiency in developing exchange platforms. This week, XRP researcher Steven Diep uncovered news of the acquisition in a video entitled, Ripple – Improving our Global Payment Infrastructure with Blockchain Technology & Data Science, from June of last year

SEC Responds As Top Ripple Executives Push To Have XRP-Related Charges Dismissed

The U.S. Securities and Exchange Commission (SEC) is pushing back against Ripple executives’ attempts to dismiss the charges against them. The legal teams representing Ripple’s chief executive Brad Garlinghouse and executive chairman Chris Larsen recently argued that the SEC’s charges should be dismissed for a variety of reasons, chief among them that XRP is not

Ripple Settles XRP Lawsuit With YouTube Over Crypto Giveaway Scams

Ripple is settling the lawsuit it filed against YouTube alleging the video-sharing site tolerated and even profited from fake XRP giveaway scams on its platform. The lawsuit, which was filed last year, claimed that YouTube’s failure to prevent fraudsters from impersonating Ripple and its CEO Brad Garlinghouse to solicit XRP from unknowing victims caused monetary

Ripple Chief Says SEC’s Lawsuit Misguided, XRP Trading Can’t Be Stopped

Ripple CEO Brad Garlinghouse says the U.S. Securities and Exchange Commission’s (SEC) allegations that the payments startup participated in an illegal securities offering is misguided. In an Axios on HBO interview, Garlinghouse explains that XRP does not have the hallmark characteristics of a security. “That lawsuit I think is misguided. I think the idea that

Ripple Officially Responds to SEC’s Allegations on Crypto Asset XRP, Word ‘Denies’ Appears 440 Times

Ripple has officially responded to the U.S Securities and Exchange Commission’s (SEC) allegations in a 100-page document that mentions the word “denies” 440 times. According to court documents filed in the Southern District of New York, Ripple refutes the SEC’s main allegation that the payments startup participated in an illegal securities offering when they first

SEC’s Case Against Ripple and XRP Is Huge Risk for Crypto Exchanges, Says Kraken CEO

Kraken CEO and co-founder Jesse Powell fears that the U.S. Securities and Exchange Commission’s (SEC) case against Ripple could put crypto exchanges in jeopardy. This week Powell took to Twitter to voice his concerns over the SEC’s lawsuit against Ripple, in which the regulatory agency alleges that the payment startup knowingly sold unregistered securities in