XRP Lawsuit: Legal Expert Says ‘Odds' Are Still in SEC's Favor, But There's a Twist
Ripple has submitted its civil appeal pre-argument statement, commonly referred to as Form C.
Keep up with what's happening in the crypto world in real-time.
Ripple has submitted its civil appeal pre-argument statement, commonly referred to as Form C.
Crypto rout sends XRP below $0.50. Ripple's cross-appeal fuels legal debate as SEC delays draw investor criticism.
Ripple CEO Brad Garlinghouse believes that there will be advancements in cryptocurrency regulation following the U.S. presidential election. Speaking at the Crypto Investor Day, Garlinghouse addressed a cross-appeal filed last night that seeks clarification on whether an investment contract under the Securities Act must be explicitly defined.
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP's non-security status remains untouchable due to strict court review limits.
Ripple Labs is at a pivotal juncture as it continues to battle the U.S. Securities and Exchange Commission (SEC) over the status of its cryptocurrency, XRP. The case has garnered significant attention not only due to its implications for Ripple but also for the broader cryptocurrency market, as it could influence regulatory practices moving forward.
A potential golden cross, which has historically signaled large price increases for assets, is what Shiba Inu is slowly approaching right now. The golden cross formation has been progressively approaching reality as SHIB has been gaining momentum in recent weeks.
Recent claims have circulated suggesting that the SEC is bound by Local Rule (L.R.) 25.1 to submit a Form D and pay a docketing fee of $505 within 14 days of initiating their civil appeal.
The cryptocurrency market is experiencing heightened pressure as bearish sentiments gain traction, particularly affecting assets like Shiba Inu (SHIB), XRP, and Bitcoin (BTC). Each of these cryptocurrencies is approaching critical support levels that could determine their short-term trajectories.
Ripple (XRP) price has dropped by 11.09% over the last 30 days, and current indicators suggest further caution. The Relative Strength Index (RSI) is at 38.93, indicating a downtrend but not yet signaling oversold conditions.
Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal. Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement.
Ripple's CEO, Brad Garlinghouse, revealed that he has been de-banked by Citigroup Inc., a bank he's been associated with for 25 years. This shocking disclosure came during a recent discussion at DC Fintech Week, where Garlinghouse emphasized the broader implications of regulatory pressures on individuals and companies in the cryptocurrency space.
As the need for energy-efficient, low-cost, and fast payments increases, XRP Ledger is witnessing growing demand.
Crypto prices fluctuated heavily over the week as Bitcoin price swung to above $69K and back under $65K before regaining some ground to trade above $67K on Friday evening. Most altcoins swung sharply too, with meme coins seeing huge gains before paring them.
XRP price has been subdued in recent weeks due to the SEC's appeal. But seeing that it has been here before, is there a way back up?
In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections.
Ripple Labs is poised to respond to the US Securities and Exchange Commission (SEC) with the filing of its Form C, outlining its appeal against the regulatory body's efforts to overturn a pivotal ruling by Judge Analisa Torres in 2023.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
Ripple's executives and legal experts are confident in winning the SEC appeal, a case that could reshape crypto regulations in the U.S.
XRP's network activity is making waves as it hits a new high in active sending addresses, reaching 12,230, the highest in six months. The Q4 as predicted seems bullish and XRP is making some out-of-the-box jumps to sustain the Ripple vs SEC case damage. Here's one analyst who believes XRP may revive from ashes.
Ripple challenges the SEC's ruling by filing Form C, aiming to overturn a $125M fine and redefine XRP's legal status.
Ripple's filing comes days after the SEC filed its own Form C.
Chief Legal Officer di Ripple: “La strategia della SEC è ormai solo rumore di fondo”
Ripple's [XRP] has seen encouraging signs of growth within its ecosystem, especially regarding liquidity deposits on the XRP Ledger. However, despite these promising developments, XRP's price continues to face significant resistance, and bullish momentum remains elusive.
The cryptocurrency community is buzzing after Chris Larsen, co-founder of Ripple, pledged a staggering $10 million to support Vice President Kamala Harris's campaign. Before this big donation, Larsen had contributed a total of approximately $1.9 million to Harris's campaign, both directly and through a super PAC called Future Forward.
