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Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’

Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.” Ripple’s Legal Chief […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems

Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum EcosystemsBlockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In a statement released on Thursday, Ripple revealed its intention to introduce a stablecoin token linked to the […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review

Convicted UK Woman Found With B in BTC, the SEC Seeks B Fine From Ripple, and More — Week in ReviewA London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented. The activation of a dormant bitcoin wallet, known […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

SEC Asks Judge To Order Ripple To Pay Nearly $2,000,000,000 in Fines and Penalties

SEC Asks Judge To Order Ripple To Pay Nearly ,000,000,000 in Fines and Penalties

The U.S. Securities and Exchange Commission (SEC) has asked a judge to order Ripple to pay nearly $2 billion in fines and penalties. The SEC first sued the payments company in late 2020 for allegedly selling XRP as an unregistered security. Last summer, US District Judge Analisa Torres ruled that Ripple’s automated, open-market sales of […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’

SEC Asks Judge to Fine Ripple  Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC for what they are when we respond to this.” SEC Wants […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome

Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit OutcomeRipple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Ripple Acquires US-Based Digital Asset Platform Standard Custody & Trust Company to Strengthen Product Offerings

<div>Ripple Acquires US-Based Digital Asset Platform Standard Custody & Trust Company to Strengthen Product Offerings</div>

Payments company Ripple Labs is acquiring US-based digital asset custodian Standard Custody & Trust Company, a move that will expand its services in the crypto industry. In a new announcement, Ripple says the acquisition, which is subject to regulatory approval, will allow the firm “to strengthen its existing product offerings, as well as explore new, […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions