GateHub to continue supporting XRP despite Ripple's legal issues

GateHub to continue supporting XRP despite Ripple's legal issues

GateHub is the latest crypto firm to announce the continuation of XRP support despite Ripple’s legal issues with the SEC. As Ripple faces serious legal charges over its associated token XRP, many crypto platforms have decided to drop support for the coin until things are settled.  However, GateHub, a United Kingdom-based cryptocurrency gateway service, has decided to continue listing XRP.According to a Jan. 12 announcement, GateHub will not delist XRP unless a decision from the United States Securities and Exchange Commission makes it necessary:“Please be advised that GateHub Ltd. will....


Related News

Ripple Takes UK Currency Exchange To London Court Over $15 Million Dispute

In a legal battle that has recently come to light on September 4, Ripple Labs Singapore, the Singapore arm of Ripple Inc., has taken legal action against GCC Exchange, a well-known foreign exchange and money transfer app provider.  The lawsuit stems from alleged non-payment issues concerning the transfer of XRP liquidity injected by Ripple’s Singapore-based […]

Ripple Calls SEC ‘Raging’ In Heated Legal Battle Over Crypto Penalty

The simmering legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has reached a boiling point. The dispute centers around the classification of XRP, Ripple’s native cryptocurrency, and the appropriate penalty for its alleged unregistered securities offering. Stuart Alderoty, the Chief Legal Officer at Ripple, responded sharply, igniting the penalty debate […]

$1 Million Legal Fight Ensnares Ripple, Bitstamp and Jed McCaleb

Bitstamp has initiated legal action over more than $1m in disputed funds related to the sale of nearly 100m XRP last month. Bitstamp, which operates a Ripple gateway and bitcoin exchange, filed a complaint for interpleader on 1st April in the US District Court in the Northern District of California. Jed McCaleb, the founder of both Ripple Labs and Stellar, and two of McCaleb's family members were named in the complaint. The $1,038,172 in disputed funds were used by Ripple Labs to purchase 96,342,361.6 XRP put up for sale through an account allegedly controlled by McCaleb, according to the....

SEC objects to XRP holders aiding Ripple defense

As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense. The Securities and Exchange Commission (SEC) is attempting to block XRP holders from aiding in Ripple’s defense, and prohibit attorney John E. Deaton from any further participation in proceedings. In its official objection submitted on July 19, the regulator opposed the decision to recognize 1,746 XRP holders as "amici curiae" along with attorney John E. Deaton. Amici (plural: amici curiae) means “friend of the court” — an....

BREAKING: Ripple Concludes SEC Battle With $125M Penalty, XRP Price Skyrockets

In a long-awaited conclusion to their high-profile legal clash, Ripple Labs and the US Securities and Exchange Commission (SEC) have reached a settlement that will see the blockchain company pay $125 million in civil penalties. Related Reading: Bitcoin Eyes New Records: Staying Above $45,000 Might Be The Catalyst — CEO Ripple-SEC Legal Saga Ends  According […]