Court grants Ripple approval to authenticate videos of SEC officials
As the Ripple-SEC case continues, a Magistrate Judge has granted approval to the defendant to authenticate some critical videos provided by the SEC officials. Ripple has been granted permission by Magistrate Judge Sarah Netburn to serve non-party subpoenas on video hosting services in order to authenticate some films of senior Securities and Exchange Commission officials […]
Breaking: Ripple Labs Likely To Buy Celsius Assets?
The creator of the XRP cryptocurrency, Ripple Labs, may purchase the assets of the Celsius network. Ripple labs, the blockchain payments startup is reportedly interested in Celsius’ assets, although the specific intentions are unclear, according to a Reuters story. However, neither company has made a formal statement about the interest in purchasing Ripple Celsius assets […]
FOMO Pay uses Ripple liquidity solution for treasury management
Despite the current legal dispute in the US, Ripple has seen continuous remittance technology adoption from private organizations. FOMO Pay, a Singapore-based supplier of institutional digital payment solutions, is the most recent fintech company to include on-demand liquidity (ODL), Ripple liquidity solution. In order to enhance its cross-border treasury settlements, FOMO Pay would leverage the […]
Ripple (XRP) Lawyer Warns Of More Class Actions After Solana Lawsuit
On the heels of litigation against Solana for promoting unregistered security, a Ripple lawyer has envisaged the ripple effects of the lawsuit on the entirety of the crypto market. As the crypto world grapples with different issues, a class action lawsuit has been filed against Solana Labs. It is accused of generating illegal profits by […]
SEC, Ripple Labs extend case until 2022-end
The SEC and Ripple Labs executives have agreed to prolong the case’s timeline and postpone hearings until the end of 2022, implying that the matter would likely drag on well into 2023. Both parties requested the extension in a letter addressed to Judge Sarah Netburn, who has been presiding over the case. The amended schedule […]