The U.S. Securities and Exchange Commission (SEC) has made a formidable demand of $1.95 billion fees and penalties from Ripple Labs, a prominent figure in the blockchain realm. This substantial fine, as outlined in the SEC’s recent court filing, has…
Cryptocurrencies are facing a double whammy: challenges from mainstream assets and legal troubles. The popular exchange Binance and Ripple, the issuer of the XRP token, are both under scrutiny by the US Securities and Exchange Commission (SEC). However, showing a…
In a strategic move anticipating its re-entry into the US market, Ripple has undergone significant changes in its approach to XRP sales strategy to institutions, as disclosed in its latest quarterly report for Q4 2023. This adaptation follows a crucial…
Ripple, a frontrunner in the crypto network space, is poised to make waves in the American markets with the reintroduction of its native token, XRP, after 2020. Senior Director W. Oliver Segovia announced this exciting development on LinkedIn, emphasizing Ripple’s…
The cryptocurrency world is going through a shaky time, and XRP is further caught in the middle of a legal battle between Ripple and the SEC. A weekly drop of 4.48% indicates the pressure on the XRP price due to…
The Ripple vs. SEC lawsuit, a saga that has gripped the cryptocurrency world for years, has entered a critical phase with potential penalties exceeding $3 billion hanging in the balance. While many hoped for a swift resolution, the recent back-and-forth…
