XRP Spikes 3% After Ripple CEO Announces Dropping of SEC Cross-Appeal
XRP surged by over 3% following a major legal development involving Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The spike came shortly after Ripple CEO Brad Garlinghouse revealed that the company would no longer pursue a cross-appeal in its long-standing legal battle with the SEC. The move was framed as an effort […]
Crypto Scammer Sentenced to 8 Years for $40M eEmpowerCoin and ECoinPlus Fraud.
A U.S. federal court has sentenced a cryptocurrency scammer to eight years in prison after he was found guilty of orchestrating two major crypto investment frauds, eEmpowerCoin and ECoinPlus, that defrauded investors of over $40 million. Multi-Million Dollar Ponzi Schemes Unraveled The convicted individual, whose identity has been disclosed as part of court documents, masterminded […]