Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t be released without their permission. What Kraken’s Victory Means For Its Customers The court ruled that
XRP
Ripple shareholder and founder of Dizer Capital, Yassin Mobarak, has expressed his discontent over the suppressed growth and development in XRP. The private equity founder declares that XRP holders have been sold a pipe dream and may face losses after holding the cryptocurrency for an extended period. XRP Holders To Face Harsh Reality Recent developments
Veteran Wall Street analyst Linda Jones has laid out a comprehensive scenario where Ripple could potentially set a new benchmark in IPO valuation history. Speaking with Digital Perspectives, Jones elaborated on her predictions about the company’s future, particularly focusing on its pre-IPO share value. Pre-IPO Shares Have The Potential For A 2000% Rise She began
Ripple, a cryptocurrency payments network, is diving into the crypto custody sector, aiming to effectively take advantage of a multi-trillion dollar market. This move is significant as it could potentially trigger renewed bullish momentum for the XRP price. Ripple Enters Crypto Custody Market In a YouTube interview with Tony Edward, the founder and host of
Former federal prosecutor James Filan recently revealed that Judge Sarah Netburn has granted a motion that Ripple recently filed with the court in its case against the SEC. This could end up being a turning point, considering that the crypto firm had noted in its motion that the “court would benefit” if it were allowed
Some crypto market analysts have weighed in on what must happen before the Securities and Exchange Commission (SEC) can approve a Spot XRP ETF. Calls for this kind of investment fund have become louder since the Commission approved the Spot Bitcoin ETFs. An XRP ETF Isn’t Feasible Until This Happens Sharing his opinion with Cointelegraph,
David “JoelKatz” Schwartz, the Chief Technology Officer (CEO) of the payment firm Ripple Labs, has provided an analysis of the workings of the impending XRPL Automated Market Maker (AMM) feature to help the XRP community better understand the initiative. Ripple CTO Clarifies AMM Functionality The Ripple CTO took to the social media platform X (formerly
Ripple looks to have one less legal battle to worry about following a recent revelation that it had reached a settlement in one of its long-running legal battles. This comes at a time when the crypto firm’s case against the Securities and Exchange Commission (SEC) has intensified once again. Ripple Settles With GCC Exchange In
The Ripple ecosystem has been experiencing significant growth, achieving new milestones in its expansion into different regions and sectors. The cryptocurrency payments network may have scored one of its best achievements yet in 2024, as reports reveal that the United States banks are potentially gearing up to integrate XRP for international payments. Ripple Set To
In a recent development, Ripple has filed a response to the Securities and Exchange Commission’s (SEC) motion to compel. As part of its argument, the crypto firm laid out two reasons why the court should not grant the Commission’s request. Ripple Says SEC’s Requests Are “Untimely” In the letter addressed to Judge Sarah Netburn, Ripple’s
Pro-XRP legal Bill Morgan has weighed in on recent discussions revolving around whether or not Ripple has the rights to sell its XRP tokens. Citing Judge Analisa Torres’ ruling, the lawyer provided insight into how Ripple can make these sales without first registering these tokens with the Securities and Exchange Commission (SEC). Ripple Has The
Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has opened up about the prospects of making Ripple public through an Initial Public Offering (IPO). However, he revealed that such a move is not presently a priority for the company, citing the unfavorable regulatory environment in the United States. Ripple CEO Weighs Prospects Of An IPO
Ripple’s XRP, once basking in the glow of last week’s gains, has plunged back into the doldrums as massive selloffs and whale movements ignite a storm of uncertainty. At the center of the turbulence lies a colossal 80 million XRP transfer by Ripple itself, sending shockwaves through the community and raising legal eyebrows. The staggering
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of the payment firm Ripple Labs, has weighed in on several community questions regarding the missing genesis block on the XRP Ledger. Ripple CTO On Missing Genesis Block Schwartz took to the social media platform X (formerly Twitter) to address the issues behind the XRP ledger’s missing
In a recent turn of events regarding the Ripple Vs. SEC lawsuit, a cryptocurrency expert known as Zach Rector has revealed a shocking scenario that could lead to the firm paying billions of dollars in fines to the United States Securities and Exchange Commission (SEC). Potential $3 Billion Disgorgement For Ripple The well-known financial expert
Ripple CEO Brad Garlinghouse is set to participate in the prestigious World Economic Forum (WEF) in Davos, scheduled from January 15th to 19th, 2024 this week. Notably, this year marks a significant shift in Ripple’s engagement at the WEF, transitioning from peripheral events to a direct involvement in the forum’s central discussions. Garlinghouse will be
Ripple Labs has made a significant move by buying back $285 million worth of shares from early investors and employees, as per two informed sources who spoke to Reuters. This strategic investment, which is a tender offer, has set the company’s valuation at a staggering $11.3 billion. Crunchbase’s data reveals that since 2015, Ripple has
After months of delays and uncertainty, the US SEC has finally approved Spot Bitcoin ETFs. In response to this development, Ripple Chief Legal Officer (CLO) Stuart Alderoty has shed some light on the regulator’s sudden change of heart. He emphasized that the United States Securities and Exchange Commission’s (SEC) approval decision was influenced by its
The US Securities and Exchange Commission (SEC) is in a delicate position following a “compromising” event involving its X (formerly Twitter) account, which has Ripple executives demanding answers. The account posted a false announcement stating that all spot Bitcoin ETF applications had been approved by the regulatory body, escalating concerns and demands for transparency. Ripple
Ripple CEO Brad Garlinghouse unleashed a deepfake-fueled volley across the digital landscape this week, aiming his sights at social media platforms and regulators for their sluggish response to a surge in sophisticated XRP-linked scams. The company’s ire stems from a recent deepfake video featuring an unnervingly realistic AI-imposter Garlinghouse promising airdrops and doubling investors’ XRP
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