Court flags SEC position as contradictory in Ripple case
The U.S. Securities and Exchange Commission (SEC) failed to obtain a reconsideration of the ruling on the DPP. This was disclosed by attorney James Filan.
Court flags SEC position as contradictory in Ripple case
The U.S. Securities and Exchange Commission (SEC) failed to obtain a reconsideration of the ruling on the DPP. This was disclosed by attorney James Filan.
Ripple co-founder called a ‘Judas’ after call to move Bitcoin to PoS
Ripple co-founder Chris Larsen, in partnership with the Sierra Club, Greenpeace and other climate organisations, launched the campaign 'Change the code, not the climate'. The campaign participants earmarked $5 million to secure a shift of Bitcoin from the Proof-of-Work algorithm to Proof-of-Stake (PoS), which provoked an angry response from the community.
NAB and CIBC Use Ripple Technology for Cross-Border Payments
One of Australia's largest banks, National Australia Bank (NAB), together with the Canadian Imperial Bank of Commerce (CIBC), uses Ripple technology to process international payments.
Ripple to allocate over $794 million to XRP Ledger ecosystem development program
Ripple will allocate 1 billion XRP (~$794.24 million) in grants to developers of the XRP Ledger ecosystem. The incentive program runs through 2044.
Brad Garlinghouse: Ripple complies with all US sanctions
Washington's concerns about Russia using cryptocurrencies to evade sanctions imposed after the invasion of Ukraine stem from officials' limited understanding of how blockchain works, said Brad Garlinghouse, head of Ripple, in an interview with Fox Business.
Ripple pushes back against SEC rhetoric on regulator’s document confidentiality
Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen have filed an objection with Magistrate Judge Sara Netburn to the SEC's motion for partial reconsideration and clarification of the ruling concerning the deliberative process privilege.
Former SEC official foresees regulator’s defeat in Ripple lawsuit
Former SEC policy chief Joseph Hall said regulators face a high likelihood of losing the Ripple case on the merits. The regulator accused the company of selling unregistered securities worth $1.3 billion in XRP.
In 2012, lawyers told Ripple that XRP did not exhibit characteristics of a security
In consultations provided by Ripple's law firm Perkins Coie in 2012, it was asserted that the XRP token is not a security. However, experts noted a 'small' risk that SEC investigators might disagree with this analysis.
Ripple agrees to disclose XRP status documents
Ripple and co-founder Chris Larsen, in a letter addressed to Judge Analisa Torres, said that they “do not object to full disclosure of the legal memos.” The documents show that the XRP token was not treated as a security, said Stewart Alderoti, the company's chief legal officer, in an interview with FOX Business.
XRP overtakes Solana in cryptocurrency market-cap ranking
The XRP token from Ripple rose to seventh place in the list of digital assets by market capitalization, at $27 billion.We use cookies to improve the quality of our service.
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