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 […]
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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 […]
In a significant win for Ripple Labs and XRP, the company has reached a settlement with the US Securities and Exchange Commission (SEC) that will effectively conclude their prolonged legal battle. Ending Prolonged Legal Battle As reported by Fox Journalist Eleanor Terret, Ripple has agreed to drop its appeal against the SEC and will pay […]
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. […]
Pro-XRP legal expert John Deaton has again come for the US Securities and Commission’s (SEC) Chairman Gary Gensler in its battle against Ripple. This time, he questions Gensler’s competence and calls for his dismissal from the Commission. Gensler Doesn’t Know What Security Means In a tweet shared on his X (formerly Twitter) platform, Deaton stated that […]
Ripple and Youtube had ended a legal battle initiated in April last year amid allegations related to crypto-related scams. The U.S. blockchain company sued the video platform for negligence in acting against crypto scams that impersonated Ripple. Terms of the Resolution Are Confidential During a Twitter thread, Ripple’s CEO Brad Garlinghouse announced both parties have now “come to a resolution to work together to prevent, detect and take down” XRP scams streamed on Youtube. Garlinghouse clarified terms of the settlement are confidential, as the blockchain firm revealed....