Ripple Execs’ Case Officially Dismissed: Here’s What It Means
On Monday, October 23, 2023, US District Judge Analisa Torres signed an order that formally dismissed the US Securities and Exchange Commission’s (SEC) case against Ripple executives Brad Garlinghouse and Chris Larsen. With this landmark order, the claims levied by the SEC against these Ripple figures are terminated in their entirety, marked with prejudice, ensuring […]
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In a surprising twist, the US Securities and Exchange Commission (SEC) has dismissed its case against Ripple executives Brad Garlinghouse and Chris Larsen. The dismissal agreement, reached by both parties, means that the scheduled trial for April next year will no longer proceed. However, it is important to note that while the charges against Garlinghouse […]
Ripple Labs (formerly OpenCoin) CTO Stefan Thomas has announced that, as of today, the source code for the peer-to-peer node behind the Ripple payment network is officially open source. Parts of Ripple, particularly a Javascript-based web client, have been open source for months, but the release of the peer-to-peer "full node", rippled (comparable to Bitcoin's bitcoind) means that the community now, at least in theory, has the entire suite of tools needed to maintain the Ripple network on its own. Ripple is a peer-to-peer digital payment network, similar to Bitcoin in many ways, but with a....
The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) is taking major steps towards a final ruling after almost two years now. As Bitcoinist reported, Ripple Labs already published its brief rejecting a summary judgment on Friday. Shortly thereafter, the SEC followed suit with its judicial adversary. Both briefs are only […]
A Harvard Business School case study titled “Ripple: The Business of Crypto Case – An Analysis and Solution” that could be used in Ripple’s IPO valuation is presently sending waves across the cryptocurrency world and has caught the attention of the XRP community. Harvard’s Business School Case Study And Ripple IPO Valuation The case study […]
Ripple CEO Brad Garlinghouse told attendees of the Paris Blockchain Week that the ongoing case with the SEC is going exceedingly well. Ripple CEO Brad Garlinghouse is increasingly optimistic that the long-running case with the Securities and Exchange Commission (SEC) will deliver a positive result for the blockchain-based global payments company. Speaking on the main stage at Paris Blockchain Week on Thursday, Garlinghouse told attendees of the fireside chat that Ripple's defense in the ongoing case was faring better than he expected. “The lawsuit has gone exceedingly well, and much better....