SEC has filed an action against Ripple, arguing that the XRP coin is a “security.” It was reported that Kyle had approached the CEO about becoming an angel investor. Ripple’s CEO, Brad Garlinghouse, has publicly denied the claims made by whistleblower Crypto leaks. According to claims, Garlinghouse funded Kyle Roche
SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request
Ripple CEO Brad Garlinghouse’s appearance on a WEF 2022 panel. World Economic Forum had awarded Ripple Technology Pioneers award in 2015. As per the details and description stated on the website, it is being made known that Ripple (XRP) is an official partner of the World Economic Forum. The data
The criticism of XRP made by Vitalik Buterin, didn’t sit well with David Schwartz. Buterin was making reference to Ripple’s legal defense in an ongoing case against the SEC. According to David Schwartz, Ripple’s chief technology officer, who believes that eBay also creates BTC and ETH securities, cryptocurrency miners in
Travelex Bank will be the first in Latin America to use the Ripple payment service. There is no need for funds to be pre-funded in the target market. It was determined that RippleNet’s On-Demand Liquidity in Brazil would be best served by a relationship with Travelex Bank. Through this cooperation,
The Celsius network filed for bankruptcy last month. Withdrawals and transfers from user accounts have been suspended since June. A prospective acquirer of the assets of the Celsius network is Ripple Labs, the organization that created the XRP cryptocurrency. According to Reuter’s article, the blockchain payments startup is interested in
The XRP buyback program is intended to be sold to On-Demand Liquidity (ODL) firms. The use of Ripple’s ODL solution has increased significantly in the last quarter. When Ripple released its Q2 2022 financial report, it revealed that it has been purchasing XRP back from the secondary market. The XRP
Stuart Alderoty stated that SEC is pressurizing the crypto market regularly. There is an urgent need for responsible crypto legislation in Washington, as per Alderoty. Ripple’s General Counsel, Stuart Alderoty, recently criticized U.S Securities and Exchange Commission (SEC) for its viewpoint on cryptocurrency regulation. According to Alderoty, the SEC is
Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response
Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC) financial expense, they will
