Lawsuit: SEC accuse Ripple of intentionally frustrating the suit.
While many people in the group expect Ripple Labs and the SEC to reach a settlement quickly, since Gary Gensler leads the latter, it seems like the case itself does not show any signs of slowing. A case in point is the recent letter from the SEC that attacked the protection of the defendant “fair […]
Regulate crypto exchange now – SEC boss tells Rep
The Securities and Exchange Commission of the United States (SEC) advised investors that Bitcoin on cryptocurrency xchanges lack security. Only Congress will protect crypto-investors SEC President Gary Gensler stressed that trading of the leading cryptocurrency represents a void in supervision at the hearing of the House of Financial Services Committee. While the audience was originally […]
MoU: Drama as XRP and SEC fighting to nailed themselves.
The long battle between the SEC v. Ripple case is gaining attention daily with latest MoU. The court case is about to have a “discovery battle,” with the parties making avail evidence in other to push their case. Post this phase, the judge would take a call via a summary judgment. The Major issue presently […]
SEC to File Response to Ripple’s Individual Motions to Dismiss
A response to individual motions to dissociate the US Securities and Exchange Commission (SEC) is planned. The latest developments in the ongoing Ripple Labs lawsuit. James K. Filan, one of Ripple Labs’ attorneys, tweeted on Friday that the complainant’s reply is up to 60 pages long.He noted that Brad Garlinghouse, the leaders of Ripple and […]
Ripple bounce back after recent victory in court.
Following its recent legal victories against the US Securities and Exchanges Commission, XRP seemed finally out of the dust after several months of pounding (SEC). In the past seven days, XRP prices have risen by more than 70% and a 24h gain of more than 30%. On April 13th, following an increase in trade rate, […]