Could the SEC case against Ripple falter over a conflict of interest?
Newly discovered documents suggest a possible conflict of interest from a former SEC official when he made a speech about Ethereum which some claim could jeopardize the SEC’s case against Ripple. Newly discovered documents could pose a major roadblock for the Securities and Exchange Commission (SEC) in its case against Ripple if they prove a former commission official had a conflict of interest.The SEC has been embroiled in a legal battle against blockchain company Ripple (XRP) since 2020 in which the crypto company and senior executives Brad Garlinghouse and Christian Larsen were charged....
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Ripple Labs is on the lookout for developers and entrepreneurs alike this week. The Ripple Accelerator, an incubator designed to help companies using the Ripple protocol, opened in San Francisco. And Ripple Labs, the firm behind the open-source digital payment protocol, has launched a developer offensive to encourage third-party apps and services to support it. The Ripple Accelerator is designed as an independent entity, not influenced by Ripple Labs. It is operated by CrossCoin Ventures, a separate group of four partners, two of whom run the Menlo Incubator. However, it is located in the....
The Israel-Hamas conflict, an enduring and deeply entrenched geopolitical issue, has captured global attention for years. However, one area that seems remarkably impervious to the ebbs and flows of this contentious conflict is the cryptocurrency sector. While the conflict affects the lives of many, cryptocurrency remains largely detached from its influence. The conflict escalated significantly […]
The Federal Reserve's rate hike spree will likely spoil XRP's most bullish fundamentals in years. Ripple (XRP) price was wobbling between profits and losses on Sept. 19 despite hopes that Ripple would eventually win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC).Ripple and the SEC both agreed to expedite the lawsuit on Friday to get an answer on whether $XRP is a security or not. From the updates of the case, it sounds like it’s in the favor of @Ripple pic.twitter.com/SAyl4VLxdM— Jeff Sekinger (@JeffSekinger) September 19, 2022 Fed spoils SEC vs.....
It seems now that XRP fell short on capitalizing on hopes that Ripple will finally earn a victory on its long-running legal dispute with the U.S. Securities and Exchange Commission as it swayed between profits and losses on September 19. It can be recalled that the SEC and Ripple Labs, the company behind XRP, agreed to expedite the lawsuit that aimed to determine whether or not the cryptocurrency could be considered a security. Both parties now want a federal judge to make a ruling on whether or not Ripple Labs violated federal securities laws or otherwise dismiss the lawsuit, ending the....
Ripple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate Finance director. Suggested Reading | Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano? Ether are not securities, Hinman said. (Bitrates.com) William Hinman: Ether Not a Security A judge has granted the request of SEC to file a reply concerning the case against Ripple Lab. The case was ignited by the speech of Hinman, stating that Ethereum is not a security. Emails....