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 […]
XRP Saga: Produce documents on BTC, ETH etc Court order SEC.
Judge Sarah Netburn reiterated that during the XRP saga with SEC, the Securities and Exchange Commission (SEC) is required to produce Bitcoin, Ether, and XRP records. Search and production of critical documentsThe on-going legal action of the SEC against XRP’s developers, the Ripple Labs and their managers claims that the token was marketed for security […]
XRP Price Analysis: 2 May
XRP has a market cap of $72.5 billion at press times, which is ranked fourth in the list. In the last week of April, after the decline during the third week of April, the XRP scored 48 percent, currently over $1.50 percent. The restoration was immediate and the bullish energy during the decrease was still […]
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 […]