XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in ...
The SEC challenges a court ruling that XRP sales to retail investors were not investment contracts. The SEC argues Ripple’s messaging created profit expectations across all XRP investors. Ripple’s CEO ...
Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...
The US Securities and Exchange Commission has filed its arguments appealing a federal court judge’s ruling in its partially failed case against Ripple Labs — which has been slammed by the ...
In the latest development in the XRP lawsuit, the SEC has filed its opening brief in the appeal against Ripple, aiming to overturn the 2023 ruling that determined XRP is not a security. As Donald ...
Since then, it has exploded in value. This week, the token came within inches of its all-time high price of $3.40, hitting $3.38 earlier today. All told, Ripple’s reported stash of XRP is now worth ...
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs continues to escalate, as the SEC files an appeal against a pivotal ruling from July 2023. This appeal is ...
Following this ruling, a final judgment last August ordered Ripple to pay a $125 million civil penalty for institutional sales of XRP. The SEC later decided to proceed with an appeal, aiming to ...
SEC reignited legal tensions with Ripple Labs over XRP’s classification XRP surges by 9.21%, reflecting resilience despite ongoing regulatory scrutiny by the SEC The legal battle between Ripple Labs ...
Join Our Telegram channel to stay up to date on breaking news coverage The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty ...
Why It Matters: The excitement stemmed from several bullish catalysts. Ripple Labs has been locked in a nearly four-year-long legal battle with the SEC over the status of XRP, and any change in ...