Altcoin

Ripple CEO files a motion to dismiss the SEC’s complaint against him, calling it “regulatory overreach.”

Ripple Labs CEO Brad Garlinghouse has filed a motion to dismiss the SEC's amended complaint against him, calling it "regulatory overreach." Garlinghouse took to Twitter to announce his position on the SEC's charges against him and Ripple Labs by sharing a...

SBI VC Trade extends its digital currency lending support to XRP tokens.

SBI VC Trade, the cryptocurrency unit of major Japanese conglomerate SBI Holdings, announced that it had extended its digital currency lending support to XRP tokens. The service will be offered under the VC Trade Lending and allow XRP holders...

Ripple explains why XRP is not a security in its reply to SEC complaints.

Ripple has filed its response to the US SEC's complaints. The blockchain firm filed its response on January 29th and filed a Freedom Of Information Act request. Ripple provides an answer to each of the complaints the SEC had...

A new class-action lawsuit alleges Ripple violated securities laws in Florida.

Ripple Labs, the company behind the Ripple payment protocol and XRP-based products, is facing another lawsuit alleging the blockchain payment firm violated securities laws in the United States. According to the court filing, Florida-based XRP investor Tyler Toomey has...

Ripple reveals in a new report that over 3 million transactions were processed over RippleNet in 2020.

Ripple, a San Francisco-based blockchain services provider, announced that they had a record-breaking 2020 with significant growth in RippleNet transactions. The blockchain payment firm also reported the signing of 15 new RippleNet customers to close out 2020 despite the...

Delaware Chancery approves a temporary restraining order against Ripple.

According to reports, the Delaware Chancery Court has approved a temporary restraining order against Ripple Labs Inc. on behalf of an investor, which seeks to stop any further XRP purchases until the investor can sell back its stock. The court...

Former SEC commissioner questions the true motive of lawsuit against Ripple.

John E. Deaton, an attorney who focuses on the cryptocurrency sector, among others, yesterday posted a thread on Twitter that shed further bad light on the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple Labs. The lawsuit was...

XRP price recovers over 30% as Ripple releases the new CBDC report.

XRP has been seeing a strong recovery since yesterday. After the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs public, the XRP price crashed from around $0.50 to $0.18 at times on December 29. However,...

Ripple faces another lawsuit as XRP drops below Litecoin.

Blockchain firm Ripple is facing another lawsuit after the recent SEC action against the company. Tetragon Financial Group filed a complaint against Ripple Labs in Delaware Chancery Court and asked the San Francisco-based company to redeem Tetragon's Series C...

Crypto exchange Binance US to delist XRP after SEC files lawsuit against Ripple.

Crypto exchange Binance US announced that effective Wednesday, January 13, 2021, at 10 am EST, XRP will be delisted from Binance.US. XRP trading and deposits will be suspended. However, withdrawals remain unaffected at this time. Binance US is the...

Latest News

Ripple CEO files a motion to dismiss the SEC’s complaint against him, calling it “regulatory overreach.”

Ripple Labs CEO Brad Garlinghouse has filed a motion to dismiss the SEC's amended complaint against him, calling it...