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Ripple (XRP) coin lawsuit update: No Judgement But More Blows

The US Securities Exchange Commission filed a lawsuit against Ripple Labs in December 2020. The SEC alleges that the firm has been involved in the sale of XRP as an unregistered security. The heated legal battle ensued does not appear to be reaching a judgment any time soon with both parties delivering blows after blows. …

Ripple (XRP) coin lawsuit update: No Judgement But More Blows Read More »

Polymath

Another $420 million transferred to Ripple’s former CTO

Ripple Labs has sent Ripple co-founder and former Chief Technology Officer Jed McCaleb 408 million XRP worth $420 million. This is another one of the monthly XRP payments that Ripple Labs have been making to the co-founder since September 2020. Jed McCaleb started selling his XRP immediately with 16 million tokens being sold already. The …

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SEC v. Ripple Labs – Ripple Labs about to deliver a fatal blow

The SEC had amended its complaint from the sale of XRP as unregistered security to the US public to public investors all over the world. Ripple Labs has filed a motion in response to requesting documents from offshore exchanges which the council believes will prove that the executives of Ripple Labs Chris Larsen and Brad …

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Aelf

SEC vs. Ripple Labs: SEC granted permission to continue foreign discovery

The United States Securities Exchange Commission bagged a small win in the lawsuit against Ripple. Ripple Labs CEO Brad Garlinghouse and Chris Larsen had written a joint letter to the presiding judge stating that the SEC’s perusal of foreign regulators for information on Ripple and XRP transactions falls outside the federal rules. The executives argue …

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Gnosis

Stellar (XLM) vs. Ripple (XRP) – Who will win the race?

Stellar Lumens (XLM) and Ripple (XRP) are considered strong competitors because of their similar offerings. They are not exactly the same but both the platforms are considered to be in a race. Stellar vs. Ripple debate is an ongoing one. Let’s delve into what both these projects are and who has a better future projection. …

Stellar (XLM) vs. Ripple (XRP) – Who will win the race? Read More »

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