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Ripple vs. SEC case and Its Appeal strategies : An overview


As the Securities and Exchange Commission (SEC) submits its opposition brief to Ripple’s Motion to Strike expert testimony on Monday, April 29th, the court will once more hear the SEC vs. Ripple lawsuit. The legal dispute arose subsequent to Ripple’s December 2020 indictment by the...

New updates regarding legal battle between SEC and Ripple


The Securities and Exchange Commission has submitted its response to the motion, and Ripple will be given three business days to file its reply. Ripple had recently filed its opposition to the Securities and Exchange Commission’s motion. The American company asked the court to deny...

XRP bags a false breakdown, triggers a 70% breakout


XRP touched $0.42 to mark a ~50% crash from $0.7. That has been re-defined as a false breakdown, with the community now expecting a surge in the listed value. It could go as high as $1.4 in the times to come. The long-term consolidation is nearing its end. A bull run kicking in will take …

How CBDCs are Ripple’s best chance of mass adoption?


CBDCs, or Central Bank Digital Currencies, are digital forms of a national currency issued and regulated by its central bank. They constitute a significant breakthrough in the digital economy, as they simplify transactions, resulting in wider financial inclusion.  Ripple, one of the most prominent...

XRP looks for a fresh surge to $0.70


Ripple’s XRP has been up in the last 24 hours, setting all the right tunes to further mark an uptick in its valuation. Sentiments have been optimistic on a macro level since the time Bitcoin Halving concluded. A fresh surge could be as high as $0.70 if all factors hold on to their seats. Whales...

Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case


Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their...

Ripple Labs submits opposition to SEC’s penalty


Ripple has made it clear that it will pay approximately $10 million as a penalty compared to the $2 billion proposed by the Securities and Exchange Commission last month. A top legal officer at Ripple said that the request by the Securities and Exchange Commission is an indication of its continuing...

Ripple Files Opposition to SEC’s $2 Billion Penalty Request


Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.” The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews

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