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Ripple Had Its Strongest Year Ever Despite The Sec’s “Attack On Crypto”

Ripple Labs managed to stay strong in 2021 despite the Securities and Exchange Commission (SEC)’s “attack on crypto”, AKA the lawsuit against Ripple and its executives. Now the payments solutions company celebrates its “strongest year ever”. Ripple CEO Brad Garlinghouse announced the achievements and had some comments to share about the SEC’s case. Ripple’s first On-Demand Liquidity […]

Why The SEC Issued A Warning To Bitcoin Futures Investors

The U.S. Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors. Specifically, the Commission has warned about the dangers for BTC futures traders and has asked them to “weigh carefully the potential risks and benefits of the investment”. The bulletin called “Funds Trading in Bitcoin Futures” is part of a long list of […]

SEC Takes Blow In Action Against Ripple, Will It Impact XRP Price?

XRP holders have scored a new victory. A lot has passed since December 2020, when the Securities and Exchange Commission (SEC) filed its case against Ripple Labs. Things started in the regulator’s favor, but with every new development, the situation seems to be changing. According to a document published by the United States District Court of […]

Ripple Wants Go Public After Settling SEC Lawsuit, SBI CEO Says

The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC, the Cointelegraph reported. Major cryptocurrency company Ripple has not given up on its plans to go public despite its ongoing legal battle with United States regulators, according to SBI Group’s CEO. Yoshitaka Kitao, CEO of […]

Ripple Wins Access to SEC Discussions on Defining Crypto Assets as Securities

Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP. Ripple Labs has been granted access to the United States Securities and Exchange Commission’s 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 […]

XRP Leads Top Ten, Is The SEC Lawsuit Against Ripple Dead?

In an unexpected turn of events, XRP is the top-performing large-cap today. Over the last 24-hours, XRP has soared 16%, even spiking as high as $0.74 in the early hours of the European session. Analysis of the chart shows a definite uptrend suggesting that, despite the difficulties endured due to the U.S Securities and Exchange […]

Ripple’s XRP Sales Suppressed Coin Price, Amended Court Complaint Alleges

The SEC alleges that Ripple executives misled investors and manipulated the XRP coin price by creating an “information vacuum.” The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions. In an amended complaint filed […]

Ethereum Tumbles Below $600 as XRP Debacle Takes a Toll on Altcoins

As the Cointelegraph reported, the Ether price dropped below $600 as altcoins are feeling the pressure from the SEC vs. Ripple lawsuit. XRP has been showing massive weakness as the cryptocurrency is being sued by the SEC. Its price tumbled significantly from $0.65 to $0.21 in four days, a crash of 67%. Meanwhile, other altcoins also corrected […]

Former AriseBank Execs Settle Charges in SEC ICO Fraud Lawsuit

As the CoinDesk announced, the U.S. Securities and Exchange Commission (SEC) has settled charges with two former executives of AriseBank, which was hit with a token sale fraud lawsuit in early 2018. Former AriseBank CEO Jared Rice Sr. and former COO Stanley Ford will pay a combined $2.7 million in disgorgement and penalties, as well […]