Ripple Targets Leadership in Digital Asset Infrastructure
Ripple aims to modernize financial systems with advanced digital asset tools and the XRP Ledger, focusing on secure and compliant DeFi solutions. Monica Long, the president of Ripple, recently published a blog post that delineated the company’s approach to modernizing conventional financial systems by incorporating sophisticated digital asset tools. She underscored Ripple’s dedication to providing […]
Ripple Leverages Binance Ruling in Its Case
Ripple cites a recent U.S. District Court ruling in the Binance case to support its legal arguments. Ripple, an enterprise blockchain corporation headquartered in San Francisco, has submitted a notice of supplementary authority in response to a recent ruling in the Binance case. The U.S. District Court for the District of Columbia partially granted Binance’s […]
US SEC Utilizes Ripple XRP Case in Binance Lawsuit
US SEC files Ripple XRP case to obtain a ruling in its lawsuit against Binance, Binance.US, and former CEO Changpeng Zhao. The U.S. Securities and Exchange Commission (SEC) has drawn the court’s attention to a recent judgment in the Ripple class action, utilizing the Ripple XRP case in the Binance lawsuit. It follows a legal opinion […]
Whale Dumps 31M XRP Coins Amid Price Dip
According to data from Whale Alert, an XRP whale transferred 31 million coins to two centralized exchanges amid a recent price dip within 24 hours. According to on-chain statistics, the recent price recovery resulted in the disposal of nearly 31 million XRP coins within 24 hours. Like all other whale activities, this action has elicited […]
US SEC Rejects Ripple’s Proposal for Civil Penalty
The US SEC has expressed dissatisfaction with Ripple Labs’ most recent argument for a civil penalty, asserting that it is insufficient. Ripple requested a penalty of “no more than $10 million” from Judge Analisa Torres of the United States District Court for the Southern District of New York on June 13, citing the SEC’s settlement […]