Ripple

The post XRP Leads Altcoin Surge as Ripple Prepares for Potential SEC Lawsuit Victory appeared first on Coinpedia Fintech News Ripple Labs-backed XRP price led the top altcoins in bullish recovery in the past 24 hours on Tuesday, following the brief Bitcoin (BTC) pump above $67k. According to the latest market data as of this report, XRP price traded around 55 cents, up approximately 2.2 percent in the last 24 hours.  The large-cap altcoin, with a fully diluted valuation of…

The post Ripple Lawyer Clarifies ODL Sales Not Investment Contracts, Defends Against SEC appeared first on Coinpedia Fintech News As the Ripple vs SEC legal battle escalates, the blockchain payments firm has filed an opposition citing that XRP sales on ODL do not count as investment contracts. Pro-XRP lawyer Bill Morgan has made a compelling argument regarding Ripple’s On-Demand Liquidity (ODL) sales. Moreover, he emphasized that these ODL sales do not constitute investment contracts. Morgan’s assertion comes amidst Ripple Labs’…

The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s violation of securities laws.  Ripple Proposes $10 Million Fine Instead In opposition to the SEC’s motion for remedies and entry of final judgment, Ripple has proposed that the court should not impose a civil penalty of not more than $10 million. This…

TL;DR Ripple has contested the SEC’s request for a $2 billion fine related to XRP sales, asserting that most transactions were lawful and informed, proposing a maximum penalty of $10 million instead. The case is progressing to a critical trial that could impact XRP’s price and the wider cryptocurrency market. Ripple Opposes the SEC’s Multi-Billion Request The legal spat between Ripple and the United States Securities and Exchange Commission (SEC) is heating up, with numerous actions coming from both parties.…

The post Ripple vs. SEC: Ripple Labs Challenges SEC’s Late Expert Submission appeared first on Coinpedia Fintech News In a significant legal manoeuvre, Ripple Labs Inc. has filed a motion to strike new expert materials submitted by the Securities and Exchange Commission (SEC) in the ongoing court saga that has captured significant investor attention.  Let’s take a look at this latest development which adds another layer of complexity to the high-profile case, as Ripple challenges the timing and appropriateness of…

The BRICS economic alliance is advancing its de-dollarization efforts by actively pursuing the establishment of a unified financial system in 2024. The proposed “BRICS Bridge” initiative seeks to integrate the digital currency systems and financial messaging platforms of member nations. In 2024, the BRICS economic alliance is actively working on establishing a unified financial system to facilitate trade within the bloc without reliance on the US dollar. This initiative was highlighted by Russia’s Deputy Foreign Minister Sergey Ryabkov during discussions…

Ripple is expected to file its remedy-related opposition brief filing on April 22 with the details of the filing only available to the public on April 24th. With the SEC v. Ripple case continuing to influence XRP prices, investor interest has peaked which has led to some price movement. With the ongoing SEC v. Ripple case heavily influencing XRP prices, new developments around the case are causing a stir. Ripple is expected to file its remedy-related opposition brief filing on…

The post Analysts Still Bullish on Ripple; Pepe Prepares For Next Move; InQubeta (QUBE) Prepares to Shake Up the AI Scene appeared first on Coinpedia Fintech News With the second quarter of the year in full swing, investors charge on with unshakable optimism despite the latest market dip. While Ripple (XRP) has been underwhelming, analysts remain bullish, predicting a big leap soon. At the same time, Pepe (PEPE), one of the best meme coins, prepares for its next move, with…

The post Ripple vs SEC: Ripple To File Response on SEC’s $2Bn Penalty Demand Today, on April 22 appeared first on Coinpedia Fintech News Ripple’s long-standing legal battle with the United States Securities and Exchange Commission is entering its final phase. The outcomes from this case could have a significant impact on the cryptocurrency industry, with potential ramifications for the price of XRP, Ripple’s native token.  This week, especially today, April 22, 2024, is of high importance in the case…