Bill Morgan, a well-known Australia-based lawyer and entrepreneur has delved into speculations regarding Ripple dumping of XRP to manipulate or suppress its price, debunking the claims and emphasizing transparency in the crypto asset’s management. No Proof To Back Up Claims Against Ripple Morgan’s insights on the subject were triggered by a pseudonymous X user noting
On Wednesday, Judge Failla from the Southern District Court of New York denied Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) case against the exchange. The SEC accuses Coinbase of operating as an unregistered exchange, broker, clearing agency, and alleges that its Staking Program engages in the unregistered offer and sale of securities.
Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term. Litecoin is showing positive signs from the $95 support zone against the US Dollar. The price is now trading above $105 and the 100 simple moving average
Former founder and chairman of Murphy and McGonigle law firm James A. Murphy, also known as MetaLawMan, has delved into the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), offering his perspective on the bigger argument in the case. Bigger Argument Within The Ripple Vs. SEC Case James Murphy revealed
Ripple Labs Chief Technology Officer (CTO) David “JoelKatz” Schwartz has weighed in on New Dev Null Productions’ choice to cease its contribution towards XRP and its ecosystem, offering perspective on the development. Ripple CTO Advocates For XRP On Tuesday, Dev Null Productions announced its decision to discontinue its contribution to XRP and its ecosystem, which
In the XRP lawsuit between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the parties have submitted a joint sealing proposal to the United States District Court for the Southern District of New York. This proposal, aimed at governing sealing issues for the upcoming remedies-related briefing, underscores both parties’ commitment to transparency
RippleX, the development arm of Ripple, has formally announced the integration of the BRLA Token, a stablecoin pegged to the Brazilian Real (BRL), on the XRP Ledger. This event signifies a crucial advancement for the XRP Ledger and its ecosystem, offering a new layer of stability and efficiency for cross-border and domestic transactions. Ripple Praises
The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is set to once again gain steam as key dates approach. The XRP community will no doubt have their eyes on this one and hope that the lawsuit, which has continued to mar the XRP ecosystem, can well be put in the
The Chief Executive Officer (CEO) of the payment firm Ripple Labs, Brad Garlinghouse, has revealed the game-changing role of XRP in revolutionizing the banking sector in the world. Ripple CEO Says XRP Can Be Used To Settle Liquidity Jack The Ripper, a community influencer and figure, shared the information with the cryptocurrency community on the
The Ripple Chief Legal Officer (CLO) Stuart Alderoty has drawn the crypto community’s attention to a court transcript highlighting the SEC’s (Securities and Exchange Commission) lack of clear-cut rules for companies it regulates. SEC’s Rules Are “So Vague And Loosey-goosey” Alderoty shared a part of the Judge’s statement in the case of NCPPR v. SEC
Several crypto news outlets are reporting today that Ripple has been hit with a new class action lawsuit over its XRP sales. The backdrop is a newly published document which made the round on X (formerly Twitter). Fox Business journalist Eleanor Terrett stated, “I’ve been getting some messages about this class action lawsuit against Ripple
Bitcoin, since its inception in 2009, has been a subject of intense discussion and analysis in the financial and technological worlds. Its unique characteristics have led to a wide-ranging debate about its role as a store of value versus its utility as money. The core of the argument that Bitcoin has more value as a
RippleX has announced that Chief Technology Officer (CTO), David Schwartz, will present Ripple’s blockchain strategy for 2024 at ETH Denver, with a focus on advancements in interoperability, the incorporation of Ethereum Virtual Machine (EVM) capabilities, and a strategic vision for Ripple’s blockchain initiatives. The presentation, scheduled for February 27 at 12:30 PM (GMT-7), is part
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has expressed a favorable stance on the prospects of an XRP Exchange Traded Fund (ETF), emphasizing the likelihood of more cryptocurrency ETFs entering the market in the future. Ripple CEO Embraces XRP ETF Idea In a recent interview with Bloomberg Television, Garlinghouse shared insights on the
The debate of whether or not to burn the more than 40 billion XRP held in escrow by Ripple has continued to wax stronger. As it continues to gain widespread popularity, it has drawn the attention of execs at the crypto firm. Most especially, David Schwartz, who serves as the Chief Technology Officer (CTO) of
In a post on X (formerly Twitter), Stuart Alderoty, the Chief Legal Officer (CLO) at Ripple, has vehemently denounced the US Securities and Exchange Commission (SEC) approach under the leadership of Gary Gensler. Leveraging a discussion initiated by Paul Grewal, Chief Legal Officer at Coinbase, Alderoty didn’t mince words, portraying the SEC’s operations as akin
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