Ripple

Ripple CEO Brad Garlinghouse speaks on speculations and says the company has not abandoned the project. This appears to be in line with a statement made by a pro-XRP lawyer in 2023 that it is impractical for Ripple to abandon XRP.  Lately, the commitment of Ripple Labs to secure and transform the XRP ecosystem has seriously been in doubt with a section of the crypto community suspecting that the project has been abandoned. A quick research by CNF discloses that…

The post Ripple vs SEC: Unpacking the SEC’s Strategy in the XRP Lawsuit appeared first on Coinpedia Fintech News Famous crypto influencer ‘MetaLawMan’ who was recently active on Twitter has shedded light on the SEC’s case against Ripple, especially concentrating on the SEC’s recent filing regarding damages and disgorgement. On X he posted hsi assertion that the SEC has not convincingly added anything to the discussion on victims or why disgorgement ought to be the favored remedy.  According to MetaLawMan,…

TL;DR The SEC has criticized Ripple’s planned stablecoin, yet to be launched, as an “unregistered crypto asset,” continuing the longstanding conflict between the two. Due to the regulatory challenges in the US the company’s CEO Brad Garlinghouse remains focused on global expansion and establishing XRP’s role in the future financial infrastructure. The SEC Fires Shots at Ripple… Again Ripple’s upcoming stablecoin pegged to the American dollar has not yet seen the light of day, but that seems like no obstacle for…

TL;DR The legal battle between Ripple and the US SEC has reached its trial stage, indicating a possible nearing settlement, though the complex nature of the case might extend its duration. The lawsuit’s resolution could greatly impact the cryptocurrency market, potentially driving significant price movements in XRP and other digital assets, depending on the outcome. On to the Next Chapter The legal battle between Ripple and the US SEC, which has been going on for three and a half years,…

The post Ripple vs SEC Final Judgement Soon : SEC Files Redacted Remedies Reply Brief appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) has submitted its redacted remedies reply brief along with supporting exhibits, setting the stage for a potentially landmark ruling. As the legal battle heats up, all eyes are on the impending final judgment that could reshape things for Ripple and similar entities in the cryptocurrency sector. Ripple’s Legal Woes: A Closer Look The…

A top legal expert has shared an update with expected dates to watch in the Ripple versus SEC lawsuit. The industry was spooked by the recent Wells Notice to Robinhood. Marc Fagel, a legal veteran known for his expertise in securities litigation, recently provided a timeline and insights on the ongoing legal saga between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC). Fagel Dismisses Premature Conclusion of Ripple vs SEC Case Fagel’s insights are in response to…

Defense attorney James Filan shares an attachment on X, disclosing that the US Securities and Exchange Commission (SEC) has filed its remedies, reply brief, and supporting documents. The post’s attachment shows that both parties are demanded to file an Omnibus letter motion to seal all materials related to the remedies-related briefing.  The SEC vs Ripple Labs legal battle takes a new twist, sparkling interest as investors, with bated breath, await a conclusive outcome to guide their investment decisions. Updating the…

Vodafone intends to utilize SIM card technology for blockchain-based digital wallets on mobile devices through Pairpoint. The British-based telecommunication company is available globally through its subsidiaries, thus promising to expedite the mass crypto adoption. Top-tier multinational telecommunications company Vodafone Group Plc., which predominantly operates in Europe, Asia, Oceania, and Africa, is ostensibly advancing its SIM technology via the use of blockchain to help users manage crypto assets. According to Vodafone’s Pairpoint Chief Product Officer (CFO), David Palmer, in a recent…

Ripple’s XRP Ledger is gearing up for major upgrades including DeFi solutions and dynamic NFTs. These enhancements aim to make the ledger more user-friendly and versatile, supporting a variety of use cases. Exciting developments are in store for the XRP Ledger with proposed upgrades set to revolutionize its functionality. These enhancements include advanced DeFi solutions and the integration of digital identity, marking a significant evolution in blockchain technology. Dynamic NFTs and options trading are also on the agenda, signaling a…