Lawsuit

The post Ripple’s CTO Weighs in on XRP Burning Debate Amid SEC Lawsuit appeared first on Coinpedia Fintech News The ongoing debate surrounding XRP burning has recently received a significant contribution from a key figure within the Ripple ecosystem. David Schwartz, Ripple’s CTO and a founding developer of the XRP Ledger (XRPL), weighed in on the conversation, offering insights into proper burning mechanisms for a healthier XRP market. This conversation unfolds against the ongoing SEC lawsuit against Ripple, which has…

The US Court of Appeals of the Second Circuit ruled that Coinbase’s secondary sales of cryptocurrencies did not contravene the Securities Exchange Act. Is crypto winning the fight? Coinbase secondary sales of crypto did not violate securities law Besides its huge dispute with the US Securities and Exchange Commission (SEC) Coinbase is still embroiled in a lawsuit brought by private plaintiffs, asserting that the cryptocurrency exchange offered and sold them unregistered securities.  With the Appeals Court ruling that the sales…

The 2018 speech of former Director of the Division of Corporation Finance in the U.S. Securities and Exchange Commission (SEC), William Hinman, takes center stage in a renewed debate as his ethical conduct becomes a subject for discussion.  While a General Crypto Counsel at a16z, Miles Jennings, commend him for his clarifications, Ripple’s CTO David Schwartz, believes that there were serious inconsistencies in his correspondence.  The longstanding legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC)…

TL;DR The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April. The company has gained momentum due to partial victories secured in 2023. The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, will witness several key developments this month. Perhaps the most important one is the start of the grand trial, scheduled for…

The post SEC Demands $1.95 Billion in Ripple XRP Lawsuit; Could This AI Altcoin Hit $200 by June? appeared first on Coinpedia Fintech News The crypto world watches closely as Ripple Labs faces a staggering $1.95 billion fine from the U.S. Securities and Exchange Commission (SEC), a development that has sent ripples through the crypto community. Amidst this legal turmoil, Ripple Labs’ chief legal officer, Stuart Alderoty, has voiced his concerns over the SEC’s demands, highlighting the significant implications for…

One analyst suggests that XRP will embark on a massive bull rally if it breaks past the $0.75 resistance while also warning that dipping below $0.44 could signal a bearish run. The upcoming trial between Ripple and the SEC will be a significant turning point in XRP’s price journey, with a victory for the blockchain payments firm poised to unveil a monster rally for the token. XRP has failed to take off in the first quarter of the year as…

The entity behind layer-1 blockchain Tron has urged a New York federal court to dismiss a lawsuit against it brought by the United States Securities and Exchange Commission (SEC).  Tron has argued that the regulator is attempting to target predominantly foreign conduct and that it isn’t a worldwide regulator.  Tron Seeks Dismissal Of SEC Lawsuit  Tron sought the dismissal in a request under a New York-based federal court. The company asserted that the court must dismiss the lawsuit the Securities…

The post Ripple vs. SEC Settlement on Horizon? Insight on XRP Lawsuit appeared first on Coinpedia Fintech News Speculation is swirling within the crypto community regarding a potential settlement meeting between Ripple Labs and the US SEC amidst the ongoing XRP lawsuit. The speculation gained traction after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were reportedly seen in New York, fueling rumors of settlement discussions. Settlement Conference or Something Else?  BobaFete, an XRP community member, claimed to…

The United States Securities and Exchange Commission secured a major win in court after a judge ruled in its favor and denied Coinbase’s motion to dismiss.  According to the judge’s ruling, the Securities and Exchange Commission’s claim that Coinbase engaged in the sale of unregistered securities could be heard by a jury at trial.  Big Win For The SEC  US District Judge Katherine Failla’s decision clears the path for the Securities and Exchange Commission to pursue its lawsuit against Coinbase.…