Ripple Fires Back Saying SEC to Blame For Harm to Innocent XRP Holders
The Ripple Team has released a statement in response to the events of the past week or so. In it, they maintain their innocence against all charges levied by the U.S. Securities and Exchange Commission (SEC). They added that the “muddied waters” have adversely affected innocent XRP holders, who they claim, have no connection to […]
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The crypto community is extremely curious about what will happen to Ripple Labs and the token asset XRP, after the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple and two executives. On December 25, the large cryptocurrency exchange Bitstamp announced delisting XRP for U.S. customers, and a former SEC Commissioner thinks the lawsuit will invoke multi-billion losses to innocent third parties. Luxembourg Crypto Exchange Drops XRP Support for US Customers: ‘Will Closely Follow the Unfolding Situation and Adapt Accordingly’ One of the most....
It is not common to speak of currency as being pro or anti-war. A freely traded currency is merely an economic tool that facilitates the exchange of goods and services by people whose intentions may be good or evil. All things being equal, the money is morally and politically neutral in whatever form it takes. All things are not equal, however, because....
A pro-XRP lawyer has highlighted more casualties and negative impacts the regulatory authority has inflicted on XRP and its investors as well as individuals and businesses associated with the cryptocurrency. So while Ripple has stated it has lost over $200 million in its fight against the US SEC, it seems that is not the only loss that has been incurred in the drawn-out battle. SEC Allegedly Damaged 75K XRP Followers John E. Deaton, a pro-XRP lawyer has taken to X (formerly Twitter) to publicly admonish the United States Securities and Exchange Commission (SEC) for its series of legal....
Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable harm the SEC will do to every facet of the U.S. crypto economy if it gets its way.” 12 Amicus Briefs Filed in Support of Ripple A growing number of amicus briefs have been filed in support of Ripple Labs as the company continues to fight the U.S. Securities and Exchange Commission (SEC)....
The legal battle between the SEC and Ripple XRP still stands, and the rulings have not appeared in favor of the watchdog’s claims. However, after much resistance, the SEC finally released the controversial Hinman documents to Ripple, marking a breakthrough for the defendants. Related Reading: Elon Musk Influencer Of Influencers? Chief Twit Fires Board Of […]