Ripple

The SEC v Ripple Case Enters Crucial Phase as Remedy Reply Briefs Awaited

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San Francisco, CA – XRP, a popular cryptocurrency, experienced a decline of 2.69% on Saturday, putting an end to its three-day winning streak. The digital currency closed the session at $0.5497, after a slight gain of 0.44% the previous day. Despite this setback, there were no updates related to the ongoing SEC v Ripple case that had a major impact on the appetite for XRP among buyers. The case, which has garnered significant interest, has reached a critical juncture, with the discovery phase of the remedies-related proceedings set to end on Monday. In these proceedings, … Read more

Lawyer James Murphy Predicts Settlement in SEC v. Ripple Lawsuit, Leading to XRP Price Climb

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Tokyo, Japan – XRP, the cryptocurrency associated with Ripple, experienced a 5% increase in value over the past week, reaching a high of $0.5380. This upward trend can be attributed to two factors. Firstly, Ripple successfully obtained an extension to the remedies-related discovery deadline, which has been granted by the Court. This positive development has contributed to the overall optimism surrounding XRP. Secondly, crypto lawyer James Murphy has predicted a potential settlement in the ongoing SEC v. Ripple lawsuit. In a recent appearance on a podcast called “Thinking Crypto,” James Murphy shared his thoughts on … Read more

Attorney Confirms: Ripple ODL Customers Can Still Use Payment Solution Despite SEC Victory

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New York, NY – In a recent development, the Securities and Exchange Commission (SEC) has obtained a victory against Ripple, potentially leading to an injunction. However, Attorney Bill Morgan argues that such a ruling would not be able to restrict the usage of the On-Demand Liquidity (ODL) solution by its customers. Magistrate Sarah Netburn has granted the SEC’s motion to compel, sparking discussions among legal experts about the possibility of implementing an injunction to restrain ODL customers. The SEC had requested Ripple’s financial records pertaining to institutional sales of XRP to assess the necessity of … Read more

XRP Holds Steady as SEC vs. Ripple Lawsuit Nears Pivotal Point

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San Francisco, California – Ripple, a blockchain technology company based in San Francisco, is currently in a legal battle against the U.S. Securities and Exchange Commission (SEC) over the sales of its cryptocurrency XRP. The case has reached a crucial milestone, with the court hearing scheduled for May 2021. The outcome of this hearing could have significant implications not only for Ripple but the entire cryptocurrency industry. XRP is the third-largest cryptocurrency by market capitalization, behind Bitcoin and Ethereum. Its value has remained relatively stable leading up to the court hearing, despite the uncertainty surrounding … Read more