Ripple’s chief legal officer, Stuart Alderoty, has taken a bold stance against the United States Securities and Exchange Commission (SEC) and its chair, Gary Gensler. Alderoty, in a tweet, asserted that the SEC is not only losing legal battles but is also facing criticism from judges. According to Ripple’s general counsel, the latest blow to […]
Crypto lawyers predict the Ripple vs. SEC legal fight will escalate, not end, per analysis. Lawyer Bill Morgan, known for his insightful perspective on the case, took to Twitter to review the remedies phase roadmap outlined in recent court filings. His analysis foresees a fierce battle looming ahead between the involved parties. It will heat […]
The crypto sphere witnessed an unprecedented surge in whale transactions. Bitcoin (BTC) and XRP stole the limelight with a jaw-dropping half-billion-dollar surge over a mere 15-hour span. The crypto spectacle ignited with a bang as a staggering 2,664 BTC, valued at a whopping $92.22 million, flowed into Coinbase. Little did observers fathom that this marked […]
David Schwartz, the chief technology officer at Ripple, has responded to the Cardano founder and IOG CEO Charles Hoskinson’s comments about possible reasons behind the United States regulators’ determination that Ethereum (ETH) is not a security. During an ‘Ask Me Anything’ session on October 8, Hoskinson (one of the eight former Ethereum founders) voiced his […]
In a recent CNBC interview, Ripple’s Chief Legal Officer, Stuart Alderoty, highlighted the changing landscape of cryptocurrency regulations in the United States, stressing XRP’s unique status. Alderoty mentioned that countries like the UK, EU, Dubai, Singapore, Brazil, Japan, and Australia have well-defined and logical crypto rules. These regulations foster innovation while maintaining robust oversight. However, […]
District court judge Analisa Torres rejected the SEC’s request to Ripple appeal. She stated that the regulatory body failed to present substantial grounds for a differing perspective. Furthermore, District Court Judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to appeal its loss against Ripple Labs. Ripple Labs, the company […]
Coinbase CEO opposes CFTC’s actions on DeFi protocols in the United States. His main concern revolves around the possible weakening of the nation’s industry strength. Furthermore, Armstrong is urging DeFi protocols not to settle and instead pursue these cases in court. He argues that setting a precedent is crucial, as he believes the claims lack […]
On August 31st, in a recent Twitter thread, Panos, the author of “Understanding the Crypto Economy,” highlighted a substantial opportunity emerging with the XRPL Automated Market Maker (AMM). Panos pointed out that on-chain foreign exchange (FX) could revolutionize payment networks, benefitting Ripple’s ecosystem, financial institutions, businesses, and individuals. The XRPL AMM allows anyone to trade currencies and […]
On August 30, popular crypto tracking service Whale Alert spotted several XRP transactions totaling a staggering amount — nearly half a billion XRP. Ripple Labs was actively involved in the transfer of this huge crypto stash. Whale Alert highlighted three XRP transactions, carrying 424,018,481 XRP, 31,000,000 XRP, and 27,600,000 XRP. Ripple Lab transfers 31 million […]