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The Ripple community has launched a new petition to “stop the war” on XRP.Crypto & Policy founder Thomas Hodge has started a Change.org petition directed at Securities and Exchange Commission chair nominee Gary Gensler, asking him to end the SEC's lawsuit against Ripple once he's confirmed as chairman of the commission.Announcing
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United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California resident Junhan Jeong submitted the complaint on April 1. The complaint accuses Nexo of breaching its user agreement by suspending the use of XRP as loan collateral
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In an unexpected turn of events, XRP is the top-performing large-cap today. Over the last 24-hours, XRP has soared 16%, even spiking as high as $0.74 in the early hours of the European session. Analysis of the chart shows a definite uptrend suggesting that, despite the difficulties endured due to the
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The U.S. Securities and Exchange Commission (SEC) attempts to stop XRP holders from joining the on-going lawsuit as third parties. In a letter to Judge Analisa Torres, the SEC’s Senior Trial Attorney Jorge Tenreiro argued that XRP holders had not clarified their actions. What’s more, Tenreiro states consolidation/coordination of claims is
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Ripple has ended its lawsuit against YouTube for the social media platform’s alleged complicity in a spate of fake XRP giveaway scams, CEO Brad Garlinghouse announced on March 9.Ripple and Garlinghouse filed a lawsuit against YouTube LLC in April 2020, claiming that the platform itself had profited from the fraudulent
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Despite being in the middle of a $1.3 billion lawsuit with the United States Securities and Exchange Commission, it appears that it is still business as usual for Ripple.Speaking to Reuters on Friday, Garlinghouse revealed that the company has not suffered any negative blowback in the APAC business theatre amid
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The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.The San Franciso-based fintech startup Ripple has issued a strong response to the US
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The U.S. Securities and Exchange Commission (SEC) is ignoring that the XRP cryptocurrency has utility, fintech startup Ripple alleged in its response to a securities complaint filed by the regulatory agency.In a Friday filing, Ripple Labs pushed back against the SEC’s allegations, which claim the San Francisco-based firm violated U.S.
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Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.Ripple Labs is facing another imminent lawsuit as the crypto firm has been sued by Tyler Toomey, an XRP investor based in Florida.According to
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XRP’s double-digit gains could be the result of a bold bet by retail investors, especially those in Asia, that the cryptocurrency’s price could follow the broader crypto bull run. The latest rally surprised many because it is happening not long after XRP crashed on the news the U.S. Securities and
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