Ripple Labs have been battling with the Securities and Exchange Commission (SEC) for several months already. However, XRP has seen a dramatic increase in price. Following an impressive 250% surge …
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SEC Seeks To Knock Out Ripple Defense; It Has No Obligation To Warn About XRP
Taking aim at one of Ripple’s core legal arguments, the U.S. Securities and Exchange Commission (SEC) is asking a court to dismiss Ripple’s defense that there was “lack of due …
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Institutional XRP to inflow surge as AUM nearly doubles
Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling. According to CoinShares’ weekly digital asset fund flows …
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SBI Financial Giant to Offers XRP as Bonus for Acquiring Tokens in its Upcoming STO
In his recent tweet, Yoshitaka Kitao, the chief of the SBI group, has shared a link to the press release of the company regarding SBI’s new offering partly related to XRP. SBI Group headquartered …
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Wall Street Journal Editorial Board To Slam SEC for Suing Ripple
In its op-ed published on Apr. 18, The Wall Street Journal’s editorial board has criticized the SEC for its ad hoc approach to regulating the cryptocurrency market. The board claims …
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Ripple To Help Shift 100 Million XRP Between Major Crypto Exchanges
Over the past 24 hours, Ripple fintech decacorn, along with some top-tier crypto exchanges, has transferred a total of 100 million XRP tokens. In the meantime, the coin has been trading …
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Court rejects SEC petition to disclose personal financial statements of Ripple Garlinghouse and Larsen
Magistrate Judge Sarah Netburn believes that the disclosure of personal financial records of Brad Garlinghouse and Christopher Larsen on SEC’s demand is irrelevant to the XRP case – this is stated …
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Ripple to become tidal wave and lead weekend pump and notches legal victories
Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the …
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SEC Used to Call XRP Digital Currency, Has to Explain in Court Why It Backs Off
Jeremy Hogan, partner at the Hogan & Hogan law firm, has taken to Twitter to say that, in 2016, the SEC referred to Ripple Labs in documents as a “digital …
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Ripple To Replace XRP with Alternative, According to CEO Brad Garlinghouse
During a CNN interview with Julia Chatterley, Ripple CEO Brad Garlinghouse said that abandoning XRP and replacing it with an alternative could “certainly” be part of the solution in the United States …
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