Lawsuit

The post Ripple vs SEC: How Biden’s Administration Could Influence XRP Lawsuit appeared first on Coinpedia Fintech News James “MetaLawMan” Murphy, founder and chairman of Murphy & McGonigle law firm, recently analyzed how President Joe Biden’s administration policy adjustments might influence the Ripple vs. SEC lawsuit. Murphy shared his insights on X, highlighting the potential impacts that these regulatory changes might have amidst the currently ongoing political shifts in America. The broader political sphere and upcoming elections could bring about…

The post Delaware Court Revives BitGo’s $100M Lawsuit Against Galaxy Digital appeared first on Coinpedia Fintech News Delaware’s Supreme Court reversed the dismissal by a lower court of BitGo’s $100 million lawsuit against Galaxy Digital over a failed $1.2 billion merger. The May 22 ruling found the language of the merger agreement to be “ambiguous,” allowing BitGo to pursue the case. BitGo alleges that Galaxy intentionally breached the acquisition agreement by terminating it in August 2022, citing BitGo’s failure to…

The post Ripple vs. SEC: Legal Analyst Bill Morgan Exposes SEC’s Flaws in XRP Lawsuit appeared first on Coinpedia Fintech News The never-ending legal battle between the SEC and Ripple Labs, Inc. continues to attract attention from the crypto space. In the latest development, the SEC opposed Ripple’s motion to seal and redact certain evidence relating to the parties’ briefing on remedies.  Legal analyst Bill Morgan has criticized the SEC’s stance while pointing out critical inconsistencies and distinctions among the…

May 30 is when the Ripple case public Zoom hearing is scheduled. Price of XRP at $0.5121, indicating good performance even after the recent decline. The class action lawsuit against Ripple Labs has just seen the scheduling of a public hearing for May 30. Several motions to exclude testimony from important witnesses, as well as a petition for summary judgment, will be addressed at this hearing. There is a great chance for public engagement and observation as the hearing is…

The post The End Seems Near On SEC, And XRP Lawsuit; Rebel Satoshi ($RECQ) Presale Goes For The Best Market Gains appeared first on Coinpedia Fintech News Experts believe the lawsuit between Ripple and the SEC may be drawing to a close.  Rebel Satoshi’s $RECQ token becomes the best coin to invest in after a 120% surge. As the legal battle between the SEC and Ripple nears a resolution, the SEC’s final response challenges Ripple’s assertions in the remedies brief.…

Legal expert James “MetaLawMan” Murphy offers insights into the SEC v. Ripple case, focusing on the SEC’s demand for disgorgement. He also highlights the Supreme Court’s stance that disgorged funds should benefit victims, primarily institutional buyers of XRP. Renowned legal expert James “MetaLawMan” Murphy offers fresh insights into the SEC v. Ripple case, particularly focusing on the SEC’s push for disgorgement. Disgorgement, within the realm of securities regulations, involves relinquishing all unlawfully acquired profits derived from illicit activities. Attorney Murphy…

Ripple filed a motion in New York urging the court to seal certain documents relating to the remedies battle with the SEC, arguing that doing so could expose its trade secrets to its rivals. CFO Jonathan Bilich filed a declaration in which he argued that publicising some of the documents could lead to a loss of confidence in Ripple, significant losses, and disrupted operations. If some of the documents in the court battle for remedies between Ripple and the SEC…

The post Ripple vs SEC Lawsuit Update: Ripple Moves to Seal Key Documents in SEC Court Battle appeared first on Coinpedia Fintech News Ripple Labs Inc. has filed a motion to seal documents related to the remedies phase of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The motion, submitted on May 13, 2024, seeks to protect sensitive information Ripple argues could harm its competitive standing and business operations if disclosed publicly. James K. Filan, a…

TL;DR XRP’s price has shown moderate fluctuations, currently at $0.51. Analyst predictions suggest a potential rally if it breaks the $0.57 mark, with significant growth expected upon surpassing a major resistance at $0.67. The ongoing Ripple v. SEC lawsuit remains a pivotal factor for the asset’s valuation, with many industry participants expecting a decisive victory for the company. The Odds of an XRP Rally XRP’s price has experienced slight volatility in the past several weeks, trading in the $0.48-$0.55 range.…