Ripple Labs

Ripple wins access to SEC discussions on defining crypto assets as securities

Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” determining that SEC minutes or memos concerning crypto are likely discoverable. Netburn asserted staff-to-staff email …

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Nexo faces lawsuit for liquidating $5m in client collateral amid XRP delisting

United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California resident Junhan Jeong submitted the complaint on April 1. The complaint accuses Nexo of breaching its user agreement by suspending the use of XRP as loan collateral without notifying its customers beforehand. …

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SEC vs. Ripple: US Judge Orders Both Parties from the XRP Lawsuit to Hold a Discovery Conference

<div class=”featured_image_container”> </div> <strong>In a fresh twist to the Securities and Exchange Commission (SEC)’s fight against Ripple Labs, US judge Sarah Netburn has directed both parties to hold “a telephonic discovery conference on Tuesday, April 6, 2021.” The judge’s order directs the parties to discuss a motion to compel filed by Ripple’s lawyers.</strong> Motion to …

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Ripple Settles Legal Dispute With Youtube Over XRP Giveaway Scams

<div class=”featured_image_container”> </div> <strong>Ripple and Youtube had ended a legal battle initiated in April last year amid allegations related to crypto-related scams. The U.S. blockchain company sued the video platform for negligence in acting against crypto scams that impersonated Ripple.</strong> Terms of the Resolution Are Confidential During a Twitter thread, Ripple’s CEO Brad Garlinghouse announced …

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Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May

<div class=”featured_image_container”> </div> <strong>During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> worth $22 million after selling 95 million <a …

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XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders

<div class=”featured_image_container”> </div> <strong>In a surge reminiscent of dogecoin’s recent rally, the value of the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, <a …

XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders Read More »

Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit

XRP’s double-digit gains could be the result of a bold bet by retail investors, especially those in Asia, that the cryptocurrency’s price could follow the broader crypto bull run. The latest rally surprised many because it is happening not long after XRP crashed on the news the U.S. Securities and Exchange Commission (SEC) filed a …

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Ripple Lawsuit Could Invoke Billions in Losses to ‘Innocent Third-Parties,’ Says Former SEC Commissioner

<div class=”featured_image_container”> </div> <b>The crypto community is extremely curious about what will happen to Ripple Labs and the token asset <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a>, after the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple and two executives. On December 25, the large cryptocurrency exchange Bitstamp announced delisting <a class=”lar-automated-link” …

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Moneygram Distances Itself From the Ripple Turmoil With the US SEC

<div class=”featured_image_container”> </div> <strong>One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company.</strong> Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the …

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Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator

<div class=”featured_image_container”> </div> <strong>The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and the subsequent delisting of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” …

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