Tags : Ripple

Regulation

Ripple transfers 60 million XRP even as US SEC lawsuit

To bolster its fair notice defence in a lawsuit filed by the Securities Exchange Commission (SEC), Ripple (XRP) claims two of their sitting Commissioners have spoken out about the lack of clarity on how securities laws apply to crypto.  Meanwhile, Ripple and Binance got caught on the radar as 110 million XRP tokens worth roughly […]Read More

Regulation

Ripple (XRP) scores as judge orders former SEC Director to

In the ongoing SEC vs. Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath. Having filed charges against Ripple in late December 2020, the case has evolved into a complex beast tackling numerous motions. This latest motion relates to the SEC’s attempt to quash the deposition of Hinman, […]Read More

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Ripple insists on deposing former high-ranking SEC official as part

Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal battle with the U.S. Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of Corporation Finance, to July 19, according to court filing published last Friday. “Mr. Hinman’s […]Read More

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Ripple CTO slams regulators as Barclays blocks Binance payments

Barclays UK customers have been blocked from transferring funds to Binance as the bank prohibited all credit and debit card payments to the exchange. Ripple’s (XRP) CTO David Schwartz turned to Twitter, calling for freedom of choice as the repercussions of the recent announcement made by the country’s financial watchdog keep unraveling. Pointing out the […]Read More

Regulation

Ripple catches another break as court allows access to SEC’s

Ripple Labs’ request to access the US Securities and Exchange Commission’s (SEC) non-public policies regarding agency employees buying and selling XRP and other cryptocurrencies was granted by the appointed judge, according to XRP holders’ legal representative. Meanwhile, Ripple’s lawyer claims the SEC intends to file a motion and quash the company’s deposition subpoena served on […]Read More

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Ripple (XRP) asks court to impose deadline on the SEC

In the Securities and Exchange Commission (SEC) vs. Ripple lawsuit, the San Francisco-based fintech firm has accused the securities regulator of willfully refusing to hand over documents related to BTC, ETH, and XRP. This is despite Judge Netburn’s ruling on April 6 ordering the SEC to reveal communications regarding the above cryptocurrencies. The standstill is […]Read More

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Odds are the SEC will opt to settle Ripple lawsuit

The Securities and Exchange Commission (SEC) vs. Ripple lawsuit is currently in the pre-trial phase. The purpose is for each party to investigate the facts of the case by obtaining evidence from the opposing party and others through discovery devices. According to Attorney Jeremy Hogan, due to resource pressures, only a small percentage of cases […]Read More

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Ripple (XRP) likely to go public after its legal battle

The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the U.S. Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse. “The likelihood that Ripple is a public company is very […]Read More

Regulation

U.S. SEC brings Ripple (XRP) transactions under scrutiny

SEC claims “no document” exists as new twist emerges in Ripple (XRP) case The Ripple verses SEC lawsuit has the United States Securities and Exchanges Commission deny possession of internal documents relating to Bitcoin, Ethereum, or XRP, as they relate to securities, a filing on Court Listener reads. 2 min read → Source linkRead More