Here’s why crypto companies are suing the SEC in the US South
Crypto firms preemptively suing the SEC are aiming at sympathetic courts.
Joanna Wright
Ripple CEO Slams SEC as Ripple Files Cross-Appeal in Long-Running Legal Battle
Ripple CEO has slammed the US SEC over its recent appeals push. The legal battle between the SEC and Ripple has now been officially extended. Ripple Labs Inc. CEO Brad Garlinghouse is one of the major critics of regulation by enforcement tactics of the United States Securities and Exchange Commissio…
Godfrey Benjamin
Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violatio…
Kevin Helms
Ripple Chairman Donates $1 Million in XRP to Support Kamala Harris’s Campaign
Vice President Kamala Harris’s campaign has received its first cryptocurrency donation, courtesy of Ripple Chairman Chris Larsen. This milestone highlights the growing influence of cryptocurrency in political fundraising during the 2024 election cycle. Ripple Chairman Donation Raises Eyebrows Accord…
Oluwapelumi Adejumo
Marc Fagel Highlights Potential Appeal by SEC in Ripple Case
Marc Fagel suggests SEC may appeal XRP secondary sales ruling. Legal inconsistencies raise concerns in the cryptocurrency industry. Continue Reading:Marc Fagel Highlights Potential Appeal by SEC in Ripple Case The post Marc Fagel Highlights Potential Appeal by SEC in Ripple Case appeared first on CO…
Fatih Uçar
SEC Hits Market Makers With Fraud Charges for Misleading Crypto Investors
The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including practices like wash trading, aimed to fabricate the illusion …
Kevin Helms
SEC Charges Crypto Trading Firm Cumberland With Operating as an Unregistered Securities Dealer
The U.S. Securities and Exchange Commission (SEC) is suing Chicago-based crypto trading firm Cumberland for allegedly operating as an unregistered securities dealer in transactions involving more than $2 billion worth of crypto assets. The complaint alleges that since March 2018, Cumberland has been…
Rhodilee Jean Dolor
Ripple CEO Slams US SEC For XRP Security Claim In Bitnomial Case
Ripple CEO Brad Garlinghouse has accused the U.S. Securities and Exchange Commission (SEC) of ignoring a court decision that determined XRP is not a security as the regulator still claims. He made the remarks following the agency’s stand in the Bitnomial case which saw the crypto derivatives exchang…
Kelvin Munene Murithi
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that X…
Kevin Helms
Bitnomial Files Lawsuit Against SEC Regarding XRP Futures
Bitnomial challenges SEC's classification of XRP futures in a lawsuit. The outcome could significantly influence cryptocurrency regulations. Continue Reading:Bitnomial Files Lawsuit Against SEC Regarding XRP Futures The post Bitnomial Files Lawsuit Against SEC Regarding XRP Futures appeared first on…
Fatih Uçar
Ripple’s Cross-Appeal May Fuel XRP’s Path to $0.74Â
XRP price has witnessed a 2% price surge and a 50% hike in trading volume over the past 24 hours. This follows Ripple’s announcement that it would file a cross-appeal in its ongoing legal battle with the US SEC. XRP currently trades at $0.53, with on-chain data suggesting that the altcoin is poised …
Abiodun Oladokun
Important Ripple v. SEC Lawsuit Update October 11th
Here's the latest update on the Ripple v. SEC front.
Dimitar Dzhondzhorov