Ripple

Legal Insights: Two Key Reasons Behind Judge’s Denial of Ripple and SEC Motions in XRP Case

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A federal judge recently issued a decision that denied motions from both Ripple Labs and the U.S. Securities and Exchange Commission in an ongoing legal case regarding the cryptocurrency XRP. The ruling, which has captured the attention of the financial and tech sectors, highlights critical issues surrounding the regulatory landscape of digital assets. Legal experts indicate that the ruling involves two main arguments that may have influenced the judge’s decision. The first centers around the classification of XRP and whether it should be deemed a security under U.S. law. Ripple has maintained that XRP functions … Read more

Ripple IPO Speculation Surges as Expert Points to $100 Billion Potential Following Circle’s Explosive Market Debut

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John Deaton, an attorney and prominent figure in the XRP community, has sparked renewed interest in Ripple’s potential initial public offering (IPO). He suggested that achieving a market cap of $100 billion could be a realistic goal for Ripple, particularly in light of current market conditions. In a recent commentary regarding Circle’s impressive stock market debut, Deaton noted that while Ripple CEO Brad Garlinghouse has minimized the immediate need for an IPO, the changing landscape may prompt a reassessment of that position. Circle’s shares surged over 600% since listing on the New York Stock Exchange … Read more

Ripple and SEC Aim for Resolution in XRP Case: Legal Expert Predicts 70% Chance of Judge’s Approval

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NEW YORK — Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have moved closer to a resolution in their ongoing legal battle over the cryptocurrency XRP. Both parties are working to end the dispute that has drawn significant attention from the crypto community and financial regulators alike. As negotiations unfold, a legal expert suggests there’s a favorable possibility, estimating a 70% chance that a judge will endorse the parties’ request to settle the issue. This development comes after nearly two years of intense scrutiny and legal wrangling concerning the classification of XRP as … Read more

Pro-XRP Advocate Optimistic: Sees 70% Chance of Major Victory for Ripple

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A prominent attorney advocating for Ripple Labs in its ongoing legal battle says the cryptocurrency company has a 70% chance of achieving a favorable outcome in court. In a recent analysis, the lawyer, who is well-known for supporting the XRP cryptocurrency, expressed optimism that the developments in the case could soon lead to a significant victory for Ripple. As Ripple defends itself against allegations from the U.S. Securities and Exchange Commission (SEC) regarding the classification of XRP as a security, the stakes continue to rise. The SEC’s lawsuit, initiated in late 2020, has drawn substantial … Read more