SEC

The post Ripple vs. SEC: Ongoing Legal Battle Intensifies with New Allegations appeared first on Coinpedia Fintech News What’s going on in Ripple vs SEC is far away from any predictions. There is a new twist and turn every day, and the XRP community is waiting for its victory for a long time. Whereas Ripple claims that the SEC wants to overreach crypto with unclear laws, the SEC fights back with manipulative stances and unfair practices. Ripple’s Chief Legal Officer…

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…

Tether CEO Paulo Ardoino has slammed Ripple chief Brad Garlinghouse for his comments about enforcement action against Tether, adding he was spreading fear, uncertainty, and doubt (FUD) about USDT.  Ripple has plans to launch its own stablecoin product in the near future.  Ripple CEO Claims Authorities Going After Tether   Tether has been able to carve out a dominant position in the market thanks to its USDT stablecoin, which boasts the highest trading volume and market capitalization among stablecoins. However, Tether…

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…

The post Ripple vs. SEC: XRP Price Hits New Lows Amid Legal Uncertainty appeared first on Coinpedia Fintech News As Ripple’s legal showdown with the U.S. Securities and Exchange Commission unfolds, XRP faces a tumultuous journey in the cryptocurrency market. Today, the digital asset slid below the $0.49 mark, reflecting investor apprehensions amidst regulatory uncertainty and ongoing legal battles. XRP Downturn Amid Legal Uncertainty XRP’s price has faced a serious decline today while Judge Torres’ has yet to decide on…

The post Ripple CEO Reveals Big Win Against SEC appeared first on Coinpedia Fintech News In a recent episode of Chris Vasquez’s Worldclass podcast, Ripple’s CEO Brad Garlinghouse revealed the biggest achievement of the company during the lawsuit of Ripple vs SEC that has been running for the past 4 years. Brad shared that dark times started for the company when Ripple got sued. He also shared that last year when the federal judge Analisa Torres ruled that XRP sales…

The post Bill Morgan Predicts Major Insights On XRP’s Programmatic Sales Amid SEC VS Ripple appeared first on Coinpedia Fintech News In the ongoing SEC vs Ripple case, Bill Morgan replies to Eleanor Terett’s recent X post saying that if the SEC does not succeed in an appeal against Ripple, and Ripple prevails without an appeal, then it could set a precedent where programmatic sales may not require registration. The broader implications of the case depend on subsequent developments. Furthermore,…

The post K33 Reports : The SEC Continues To Go After Crypto, SEC’s Next Target appeared first on Coinpedia Fintech News The SEC’s pursuit of regulatory action in the crypto space continues as it shifts focus to ConsenSys, following recent actions against platforms like Robinhood and Uniswap. However, the crypto community is now speculating about who the SEC will target next in its regulatory efforts. This trend highlights growing concerns within the crypto space about regulatory oversight and its potential…

Ethereum co-founder and the CEO of Consensys, Joseph Lubin, has hit out at the Securities and Exchange Commission (SEC) for intentionally stifling innovation in the cryptocurrency industry.  Lubin stated the SEC is engaging in strategic enforcement action instead of meaningful discussions with the crypto industry.  SEC Intentionally Stifling Innovation  Lubin made the comments while speaking at FT Live’s Crypto and Digital Asset summit, held in London, and also elaborated on Consensys’s decision to sue the Securities and Exchange Commission after…