Bitnomial Sues SEC Over XRP Security Claim
Bitnomial has sued the SEC, alleging it overstepped by classifying XRP as a security. Bitnomial, a cryptocurrency exchange, has filed a lawsuit against the United States Securities and Exchange Commission and its five commissioners, alleging that the agency has “overextended its jurisdiction over digital assets” by asserting that XRP is a security. In the lawsuit […]
Ripple Whales Acquire 47M XRP as SEC Deadline Nears
Ripple whales recently shifted 47M XRP, drawing significant attention amid ongoing litigation with the SEC. By shifting 47 million XRP ahead of the appeal that the United States Securities and Exchange Commission is about to file in the final phases of litigation, Ripple whales have once again gained substantial attention, which is a gripping turn […]
Ripple Issues 350K RLUSD Stablecoin
Ripple recently expanded its RLUSD stablecoin operations by minting 350,000 units in two transactions: 300,000 and 50,000 RLUSD. In just 24 hours, Ripple successfully expanded its stablecoin operations by manufacturing an additional 350 units of its RLUSD stablecoin. This operation required the execution of two distinct transactions. One of the transactions cost 300,000 RLUSD, while […]
Ripple vs SEC: US SEC’s Last Chance to Win XRP Lawsuit Appeal
Lawyers concur with John Deaton that the only prospect of winning an appeal in the XRP lawsuit is slim. Recent updates regarding a potential appeal in the Ripple vs. SEC case suggest that the SEC is considering appealing Judge Torres’ summary judgment on XRP. Pro-XRP attorney John Deaton, along with other legal experts, weighed in on […]
Ex-SEC Lawyer Disclose Agency’s Appeal In XRP Lawsuit
Marc Fagel, an ex-SEC lawyer, disclosed the agency’s potential appeal strategy in the XRP lawsuit as the deadline for the US SEC to file an appeal. The XRP lawsuit has been a topic of interest to investors in recent months, as the lengthy dispute was resolved in August. Nevertheless, the most recent developments suggest that […]