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

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 […]


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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 […]

Ripple Will Lose Court Battle Against SEC, Anti-Crypto US Congressman Says

Ripple doesn’t stand a chance against the Securities and Exchange Commission in its ongoing court battle, this US congressman says. U.S. Representative Brad Sherman stated in a recent FOX Business interview that he believes the SEC would prevail in its legal fight against Ripple because XRP, the native cryptocurrency on the Ripple network, is a security. […]

Charted: Ripple (XRP) Skyrockets, Why Break Above $1 Seems Likely

Ripple extended its rally above the $0.8000 resistance zone against the US Dollar. XRP price even tested $0.9500 and it is now consolidating gains. Ripple started a strong surge above the $0.8000 and $0.9000 levels against the US dollar. The price is now trading nicely above $0.8000 and the 100 simple moving average (4-hours). There […]

BREAKING: Ripple Scores Yet Another Win As Judge Torres Rejects SEC’s Appeal ...

In a significant development in the legal battle between Ripple and the Securities and Exchange Commission (SEC), Judge Analisa Torres has rejected the SEC’s motion to appeal the Ripple ruling.  This decision comes as another win for Ripple, the blockchain payment company, as it fights allegations of conducting an unregistered securities offering. Judge Rejects SEC’s […]

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correct...

The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC. XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC).Settlement rumors fuel XRP price boom On Sep. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% against....