Ripple’s Chief Legal Officer Stuart Alderoty responds sharply to comments made by U.S SEC Chairman Gary Gensler. The SEC chair, in a recent address, echoed the first Chair of the SEC, Joseph P. Kennedy, who emphasized the agency’s role as both a partner to honest businesses and a prosecutor of
A highly realistic deepfake video impersonating Ripple CEO Brad Garlinghouse has recently emerged, attempting to deceive XRP investors into participating in a fake giveaway scam. The video, featuring a voice that accurately mimics Garlinghouse, promotes a fraudulent “community support initiative” that promises to double any XRP deposits over 1,000. This
In his last remarks at the recently ended Ripple Swell Conference in Dubai, Ripple Labs Inc. CEO Brad Garlinghouse hinted at what he sees as the next step for the cryptocurrency sector. According to Garlinghouse, the regulatory pattern chosen over the crypto business in the U.S SEC needs to alter.
As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred
Recent rumors have suggested that Ripple would file for an initial public offering (IPO) before the end of the year or before 2024. The cryptocurrency industry has lately been interested in rumors that Ripple is contemplating an initial public offering (IPO). But it seems like another crypto behemoth has its
XRP, a prominent cryptocurrency, has recently surged to a three-month high of $0.7132, with the rally starting in mid-October. Over the past month, XRP has experienced a remarkable 33% increase, and in just the last seven days, it saw a surge of 24%. Market analysts anticipate that this bullish trend
According to a recent announcement by Ripple, the XRP token has been approved by the Dubai Financial Services Authority (DFSA) as part of its virtual assets regime. According to the press release by Ripple, licensed enterprises in Dubai International Financial Centre (DIFC) may now include XRP into their virtual asset
Things are starting to look up for XRP as the price continues its upward pace. For the last several weeks, the price has been rising. The XRP price has broken over the $0.6 level, as well as the 50-day and 200-day moving averages. In addition, the relative strength indicator has
Joseph Grundfest, a former U.S SEC commissioner and current professor at Stanford Law School, has been revealed to have strongly opposed the SEC’s action against Ripple due to the far-reaching consequences of the case. In a letter dated December 2020, Grundfest urged former SEC commissioner Jay Clayton not to sue
When it comes to debates over corporate lawsuits and the US SEC’s role, Brad Garlinghouse, CEO of Ripple, has been vocal in his criticism of Jay Clayton, the previous chairman of the SEC. The CEO of Ripple recalls that Jay Clayton was the one who first filed the lawsuit that
