David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of the payment firm Ripple Labs, has weighed in on several community questions regarding the missing genesis block on the XRP Ledger. Ripple CTO On Missing Genesis Block Schwartz took to the social media platform X (formerly Twitter) to address the issues behind the XRP ledger’s missing
In a recent development, Ripple has filed a response to the Securities and Exchange Commission’s (SEC) motion to compel. As part of its argument, the crypto firm laid out two reasons why the court should not grant the Commission’s request. Ripple Says SEC’s Requests Are “Untimely” In the letter addressed to Judge Sarah Netburn, Ripple’s
Pro-XRP legal Bill Morgan has weighed in on recent discussions revolving around whether or not Ripple has the rights to sell its XRP tokens. Citing Judge Analisa Torres’ ruling, the lawyer provided insight into how Ripple can make these sales without first registering these tokens with the Securities and Exchange Commission (SEC). Ripple Has The
Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has opened up about the prospects of making Ripple public through an Initial Public Offering (IPO). However, he revealed that such a move is not presently a priority for the company, citing the unfavorable regulatory environment in the United States. Ripple CEO Weighs Prospects Of An IPO
Ripple’s XRP, once basking in the glow of last week’s gains, has plunged back into the doldrums as massive selloffs and whale movements ignite a storm of uncertainty. At the center of the turbulence lies a colossal 80 million XRP transfer by Ripple itself, sending shockwaves through the community and raising legal eyebrows. The staggering
Ripple CEO Brad Garlinghouse is set to participate in the prestigious World Economic Forum (WEF) in Davos, scheduled from January 15th to 19th, 2024 this week. Notably, this year marks a significant shift in Ripple’s engagement at the WEF, transitioning from peripheral events to a direct involvement in the forum’s central discussions. Garlinghouse will be
In a recent turn of events regarding the Ripple Vs. SEC lawsuit, a cryptocurrency expert known as Zach Rector has revealed a shocking scenario that could lead to the firm paying billions of dollars in fines to the United States Securities and Exchange Commission (SEC). Potential $3 Billion Disgorgement For Ripple The well-known financial expert
Ripple Labs has joined the Digital Euro Conference 2024 (#DEC24) as a gold sponsor, according to an announcement via X (formerly Twitter) by the Digital Euro Association (DEA). The DEA expressed enthusiasm for Ripple’s involvement, stating, “We are happy to have Ripple on board as a gold sponsor for the Digital Euro Conference (#DEC24)! Join
Ripple CEO Brad Garlinghouse unleashed a deepfake-fueled volley across the digital landscape this week, aiming his sights at social media platforms and regulators for their sluggish response to a surge in sophisticated XRP-linked scams. The company’s ire stems from a recent deepfake video featuring an unnervingly realistic AI-imposter Garlinghouse promising airdrops and doubling investors’ XRP
Ripple Labs has made a significant move by buying back $285 million worth of shares from early investors and employees, as per two informed sources who spoke to Reuters. This strategic investment, which is a tender offer, has set the company’s valuation at a staggering $11.3 billion. Crunchbase’s data reveals that since 2015, Ripple has
After months of delays and uncertainty, the US SEC has finally approved Spot Bitcoin ETFs. In response to this development, Ripple Chief Legal Officer (CLO) Stuart Alderoty has shed some light on the regulator’s sudden change of heart. He emphasized that the United States Securities and Exchange Commission’s (SEC) approval decision was influenced by its
The US Securities and Exchange Commission (SEC) is in a delicate position following a “compromising” event involving its X (formerly Twitter) account, which has Ripple executives demanding answers. The account posted a false announcement stating that all spot Bitcoin ETF applications had been approved by the regulatory body, escalating concerns and demands for transparency. Ripple
Pro-XRP legal expert Fred Rispoli has commented on how things have been too quiet in the long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple. He also offered his thoughts on why that may be so and the possible outcomes in the case as an end draws closer. All Seems Calm As
January 11 has been set as the day for the court hearing in the case between Ripple and a class of XRP investors in what has been a long-running legal battle. The outcome of the case is of huge significance as another precedent could be laid for the crypto industry and its stakeholders. Why This
The ongoing legal battle between Ripple Labs Inc. and a group of XRP investors led by Vladi Zakinov is set to reach a pivotal moment on January 11, 2024, as both parties prepare for a significant court hearing. This date, highlighted by the XRP community and closely monitored by the cryptocurrency sector, marks a crucial
In a move to redefine international financial transactions in the IT services sector, Ripple has set its sights on the burgeoning $1.5 trillion industry. In its latest publication, “Accelerating Global Payments for Your IT Services Business,” the company explains how Ripple Payments can revolutionize the way IT service providers handle cross-border payments. Outdated Global Payment
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