The proceedings in the court case against Ripple Labs and CEOs Christian Larsen and Brad Garlinghouse took a turn on Mar. 19. The case was conducted online, with a phone …
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SEC Has Evidence That Chris Larsen Keeps Moving His XRP Despite Facing Lawsuit
The U.S. Securities and Exchange Commission wants to know whether the proceeds from XRP sales are a major source of income for Ripple Labs CEO Brad Garlinghouse and co-founder Chris …
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Over 6,000 XRP Holders Volunteer as Third Party Defendants in SEC Lawsuit
XRP tokenholders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs. A motion to intervene was filed by John Deaton of …
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SEC To Request Personal Financial Information on Ripple Executives
More developments on the Ripple vs. the SEC legal front as the Commission has requested personal financial information of the company’s CEO, Brad Garlinghouse, and co-founder Christian Larsen. Simultaneously, the …
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Personal financial Ripple records execs sought by the SEC
The cryptocurrency market has been witnessing quite an event unfolding between the U.S. Securities and Exchange Commission and Ripple. There has been a lot of back and forth between the two …
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Ripple’s “Fair Notice” Defense Is “Inappropriate,” Says SEC to Judge for XRP Lawsuit
The U.S. Securities and Exchange Commission (SEC) has issued a letter calling Ripple’s defenses against its allegations “improper.” In a letter (filed on March 9) to Honorable Judge Analisa Torres of the U.S. …
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XRP Will Continue Trading Even if Ripple Disappears
While explaining why XRP is not a security, the CEO of Ripple promised that the token will continue trading, even if the company disappears. With the impending legal battle between …
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Ripple says SEC did not give fair notice that XRP violated law
The U.S. Securities and Exchange Commission (SEC) failed to provide “fair notice” that XRP transactions violated the law or that the SEC would later claim XRP itself to be an …
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Da Vinci Capital Reportedly Seeks $ 100 Million From Telegram For TON Failure
A large investor in Telegram’s failed Open Network (TON) has reportedly requested $100 million in compensation from the company. Otherwise, the investor – Da Vinci Capital – has warned with …
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SEC nominee chairman Gary Gensler calls cryptocurrencies “catalyst of change”
Gary Gensler, President Joe Biden’s nominee to spearhead the Securities and Exchange Commission, has told the Senate Banking Committee that he would promote cryptocurrency innovation during his March 2 confirmation hearing when asked cryptocurrency regulations. …
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