Blockchain Association supports Ripple in its case with SEC
In the Ripple – SEC case, Ripple Labs has received backing from the US-based crypto advocacy group Blockchain Association, which claims that the case could be crucial for the future of the crypto industry. Blockchain Association declared in a post on October 28 that it would “stand” with the American cryptocurrency industry by submitting an […]
Ripple discloses XRP holdings under 50% for first time
Ripple noted that its XRP ownership is declining and that it only “operates 4 of 130+ validator nodes on the XRPL.” For the first time in the history of the company, the amount of XRP tokens held by Ripple Lab has fallen below 50% of the entire circulating quantity. Some have questioned Ripple’s disproportionately substantial […]
X-App Will Have a Crypto Wallet with Bitcoin and Ripple Payments
Elon Musk is the CEO of Tesla Inc. and the founder of SpaceX. He is supposedly working on a social media platform with crypto wallet features, such as the ability to add and remove money. Jane Manchun Wong, a well-known tech blogger, told the world about these facts. She did say, though, that not much […]
SEC Files Legal Memorandum Against Ripple
Following the release of Hinman Speech-related documents to Ripple by the SEC, the latter has moved to file its legal Memorandum in opposition to the Ripple Defendants. The uncontested evidence demonstrates that the defendants participated in unregistered offers and sales of securities, the SEC stated in the memo. Ripple implicitly admits they will lose the […]
Ripple finally gets hold of SEC Hinman document
After an 18months long battle between Ripple and the SEC, the commission has finally released the popular William Hinman document to the San Francisco-based fintech company. After “18 months and 6 court orders,” Ripple general counsel Stuart Alderoty announced on Twitter on October 21 that they had obtained the elusive Hinman documents. However, he highlighted […]