Ripple Labs and CEO come under fire amid rumors of a Trump meeting

November 16, 2024 Coin Telegraph

Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.

Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media.

In response to the rumors, former Messari CEO and founder Ryan Selkis remarked: "Brad Garlinghouse is shilling XRP (XRP) and CBDC implementations." Selkis' comments were reposted by the vice president of research at Riot Platforms, Pierre Rochard.

Rochard agreed with Selkis and wrote "We can’t let Ripple co-opt the United States policymaking process with their anti-bitcoin agenda," and hoped that the President-elect would appoint more Bitcoiners to his administration.

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XRP outperforms crypto market with a 17% pump — What’s driving the rally?

November 15, 2024 Coin Telegraph

2024 US elections

XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.

XRP jumped 17% over the last 24 hours, outperforming the rest of the crypto market as the rally cooled off.

Data from Cointelegraph Markets Pro and TradingView shows XRP rose from a low of $0.6833 on Nov. 14, climbing as much as 24% to a sixteen-month high of $0.8479.

In comparison, the total crypto market capitalization was down, posting 2.8% daily losses to $2.91 at the time of publication. Bitcoin (BTC) had dropped 4% while Ether (ETH) was down 6% over the same timeframe.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?

October 17, 2024 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a […]

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Chevron overturn unlikely to impact SEC’s conduct — Ripple CLO

October 16, 2024 Coin Telegraph

Chevron Deference

In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry.

Ripple’s chief legal officer Stuart Alderoty believes that the June 2024 overturn of Chevron USA Inc. vs. Natural Resources Defense Council by the United States Supreme Court will have little impact on the Securities and Exchange Commission’s (SEC) strategy of pursuing crypto compliance through enforcement.

In an interview with Cointelegraph’s Turner Wright, Alderoty stressed that only a leadership change would cause a shift in SEC posturing.

“I think under this leadership, the SEC has done tremendous institutional damage to what was once a very well-respected agency,” the Ripple CLO said.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ripple Rolls Out New Features Offering ‘Bank-Grade’ Custody Services for Crypto Businesses

October 11, 2024 The Daily Hodl

Daily Hodl

San Francisco-based payments company Ripple is now aiming to offer bank-grade custody solutions to crypto businesses. The firm’s Ripple Custody branch has been providing global banks and financial institutions with a software infrastructure to secure, transfer and settle tokenized financial assets. In a statement, Ripple says the platform now features functionalities that will also make […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Legal Expert Jeremy Hogan Says SEC’s Move To Appeal Ruling in Lawsuit Against Ripple a Big Mistake – Here’s Why

October 6, 2024 The Daily Hodl

crypto

A crypto legal expert says the U.S. Securities and Exchange Commission’s (SEC) decision to appeal a ruling in the Ripple Labs lawsuit is a huge mistake. The SEC first sued Ripple Labs in December 2020, alleging that the firm was selling the crypto asset XRP as an unregistered security. In October 2023, a judge ruled […]

The post Legal Expert Jeremy Hogan Says SEC’s Move To Appeal Ruling in Lawsuit Against Ripple a Big Mistake – Here’s Why appeared first on The Daily Hodl.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling

October 3, 2024 The Daily Hodl

Appeal

The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023’s landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors. In a new thread on the social media platform X, Stuart Alderoty, the chief legal counsel of Ripple Labs, says that […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ripple Chairman Chris Larsen Endorses Kamala Harris for President in New Letter With American CEOs: Report

September 8, 2024 The Daily Hodl

2024 election

Ripple chairman Chris Larsen, along with other business leaders in the US, is reportedly endorsing Democratic nominee Kamala Harris for president. According to a new report by CNBC, Larsen is endorsing Harris over former president Donald Trump alongside 87 other current and former corporate executives. The CEOs reportedly prefer Harris because with her at the […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ripple lawyer slams SEC use of ‘crypto asset security’

September 3, 2024 Coin Telegraph

art sales

Ripple's chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.

Ripple Labs' chief legal officer has taken aim at the United States Securities and Exchange Commission (SEC) repeated use of the phrase "crypto asset security", arguing its a fabricated term with no legal grounding.

In a recent Aug. 30 filing, the SEC warned it could challenge any plan by defunct crypto exchange FTX to use stablecoins in repaying creditors, with the regulator noting its portfolio has "crypto asset securities."

Ripple's top lawyer, Stuart Alderoty, argues the SEC is trying to “deceive judges” by using the term.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

August 14, 2024 Bitcoin.com

bitcoin.com

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community […]

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