Ripple v. SEC: Is the Lawsuit Really Over, or Is There More to the Story?
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Ripple v. SEC: Is the Lawsuit Really Over, or Is There More to the Story? Read More »
TL;DR Ripple’s legal battle with the SEC nears a potential conclusion after Judge Torres ordered the company to pay a reduced $125 million fine. The firm recently requested a stay on the payment, sparking speculation about a possible SEC appeal before the October 6 deadline. Experts suggest this move could buy time for further legal
Ripple v. SEC Lawsuit Recap September 18th Read More »
TL;DR Ripple was ordered to pay a $125 million fine, significantly lower than the US SEC’s initial demand, with both parties able to contend until early October. Lawyer Bill Morgan now sees a reduced chance (45%-55%) of an appeal form the Commision, based on recent case developments and favorable views on Judge Torres’ ruling. The
Ripple Vs. SEC Lawsuit Update: Pro-XRP Attorney Lowers the Agency’s Appeal Chances Read More »
TL;DR Speculation about a Ripple-SEC settlement has risen due to an agency-closed meeting on July 25. Ripple CEO Brad Garlinghouse and lawyers suggest a settlement could happen soon, with the regulator lowering its fine demand, indicating potential progress. A Possible Settlement or Just Rumors? The legal spat between Ripple and the US Securities and Exchange
Ripple v. SEC Lawsuit Update July 22nd Read More »
It goes without saying that the dispute between the United States Securities and Exchange Commission and Ripple Labs over whether XRP should be constituted as a security or not is one that will likely have consequences for the entire industry. The case has been going on for many years now, and it’s currently in its
Ripple v. SEC Lawsuit Update June 24 Read More »
TL;DR Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox. The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case. The Clash Over Key Testimony The infamous legal battle between Ripple and the US
Ripple v SEC Lawsuit Recap: The Developments After the Trial’s Start Read More »
New York Attorney General Letitia James has filed a lawsuit against NovaTechFx, a crypto trading company, and AWS Mining, a digital asset mining company. The lawsuit alleges their involvement in illegal pyramid schemes that defrauded over 11,000 individuals and hundreds of thousands of investors, resulting in losses exceeding a billion dollars in cryptocurrency. $1 Billion
NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud Read More »
TL;DR The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April. The company has gained momentum due to partial victories secured in 2023. The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been
Ripple v. SEC Lawsuit: What to Expect in April? Read More »
Last updated: March 2, 2024 11:00 EST | 2 min read The Wall Street Journal is facing a defamation lawsuit over an article that allegedly falsely accused a Thai-based aviation fuel broker and his company of involvement in illegal activities at stablecoin issuer Tether and crypto exchange Bitfinex. Christopher Harborne, the owner of AML Global