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Ripple Labs says that the U.S. Securities and Exchange Commission (SEC) hasn’t been able to prove that the firm’s XRP sales were investment contracts in the regulator’s lawsuit against it. The SEC sued Ripple in late 2020 for allegedly selling XRP as an unregistered security. In its reply in support of a motion for summary […]
A legal expert is weighing in on how the judge in the legal battle between U.S. Securities and Exchange Commission (SEC) and Ripple Labs will likely proceed. Crypto attorney James K. Filan says he expects US District Judge Analisa Torres to decide which documents to unseal in the case when making a summary judgment, not […]
A huge crypto whale is moving more than $110 million worth of XRP in a single transaction this week as the digital asset market attempts to recover from its steep correction earlier this month. Blockchain tracker Whale Alert reports that an unknown wallet sent 280,684,171 XRP to another unknown wallet on Tuesday morning. The receiving […]
A closely followed crypto strategist is updating his stance on XRP and Litecoin (LTC) while warning Ethereum holders that ETH could witness another major sell-off event. In a new strategy session, pseudonymous analyst DonAlt says Ethereum is trading in a tight range between $1,120 and $1,200. According to the crypto strategist, the narrow trading range […]
Bank of America is reportedly waiting for the end of the U.S. Securities and Exchange Commission (SEC) court case against Ripple to join forces with the San Francisco-based payments company. At Ripple Swell 2022 in London, Ripple Labs CEO Brad Garlinghouse reportedly told Linqto Director of Member Sales Nick Burrafato that Bank of America is waiting […]
Macro expert and former Goldman Sachs executive Raoul Pal is expressing bullish sentiment on the digital asset XRP. In a new Ask Me Anything video, Pal says that XRP already has utility and is being used in money transfers. According to Pal, the price of XRP could appreciate in the event that Ripple wins the […]
Money transfer network Ripple says that its crypto-based settlement solution, On-Demand Liquidity (ODL), is seeing rapid growth in 2022. Ripple’s ODL solution uses the XRP to enable faster and cheaper cross-border payments without the need for pre-funded destination accounts In a new statement, the San Francisco-based firm says that the ODL technology is now supported […]
Ripple Lab’s top lawyer says that the company is essentially operating outside of the US due to the lawsuit by the U.S. Securities and Exchange Commission (SEC). According to a recent report by CNBC, Ripple General Counsel Stuart Alderoty says that even though most Ripple employees are based in the US, most of its customers […]
A widely followed crypto trader says the FTX collapse has spurred astonishing amounts of fear, uncertainty, and doubt (FUD). Before mapping out his plans for top altcoins XRP, Chainlink (LINK), and one token that’s experiencing tremendous growth, crypto analyst Michaël van de Poppe comments on the current crypto mood. “Definitely understandable that people are feared and that […]
Attorney and Ripple supporter John Deaton is launching a public campaign aimed at convincing lawmakers to probe Securities and Exchange Commission (SEC) chair Gary Gensler and his ties to Sam Bankman-Fried’s FTX. Deaton’s petition on Change.org has garnered more than 3,000 signatures at time of writing, and a message portal on his website, CryptoLaw, has […]
