The battle between Ripple Labs and the United States Securities and Exchange Commission continues to escalate as the regulator strongly dismissed several of the blockchain company’s assertions this week. In a court filing Tuesday, the SEC maintained that its request for additional Ripple financial documents and XRP sales contracts as
In the ongoing legal saga between Ripple Labs and the U.S. Securities and Exchange Commission, the latest development reveals Ripple’s strong opposition to the SEC’s motion seeking audited financial statements and details on post-complaint contracts. The SEC had requested information regarding the sale or transfer of XRP to “non-employee counterparties”
In the continuing legal struggle between XRP and the SEC, Ripple, the firm behind the token, is pushing back. The newest development is that Ripple has opposed the SEC’s most recent request for post-complaint discovery. The crux of the matter is the SEC’s request that Ripple provide more records and
The legal tussle between the Securities and Exchange Commission (SEC) and Ripple has taken an unforeseen twist. The SEC, in a move that caught many off guard, has filed a motion seeking an order compelling Ripple to disclose its financial statements for the years 2022–2023. This unexpected request introduces a
XRP Ledger developers have officially unveiled the rippled 2.0 update, bringing forth a host of feature amendments and enhancements. Among the notable additions are the XLS-38 Cross-Chain Bridge and the XLS-40 Decentralized Identity, accompanied by various fixes and improvements. One of the standout features of the rippled 2.0 update is
XRP is presently navigating a major tussle between optimistic and pessimistic sentiments as it attempts to finish the year on a positive note. It is currently exchanging hands at $0.6309, reflecting a 1.08% decline over the last 24 hours. In spite of this temporary setback, some XRP enthusiasts are clinging
Former Ripple Director Matt Hamilton has set the cryptocurrency community abuzz with a revelation. He stated that Ripple might wield the ability to burn all XRP stashed in its escrow wallets. This intriguing possibility has introduced a fresh layer of complexity to Ripple’s protracted legal clash with the U.S. Securities
A deepfake video impersonating Ripple CEO Brad Garlinghouse has been uploaded on YouTube. The video uses a tried-and-true tactic used by scammers to trick XRP users into sending their tokens for a promised double. The XRP community is furious because Google has decided not to delete the video after several
In a recent thread on X, Ripple CTO David Schwartz shared his insightful predictions for the technological landscape in 2024. Schwartz focused on the transformative potential of the convergence between artificial intelligence (AI) and blockchain technology. AI and Blockchain Synergy Ripple CTO’s first prediction centers on the symbiotic relationship between
Ripple has been added to the group of registered Virtual Asset Service Providers (VASPs) by the Central Bank of Ireland (CBI), marking yet another foothold for the firm outside the U.S. The business has announced that its Irish subsidiary, Ripple Markets Ireland Limited, has been added to the list of
