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A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. … Read more
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his official profile, Garlinghouse … Read more
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Go to Source Powered by WPeMatico
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts Closed From Crypto … Read more
The payments processor and exchange is committing to only delist XRP if and when the lawsuit is resolved. Go to Source Powered by WPeMatico
A longshot effort from the community hopes to solicit an official White House response Go to Source Powered by WPeMatico
The SEC’s case against Ripple for selling XRP as unlicensed securities will begin with a pretrial in February 2021. Go to Source Powered by WPeMatico
Several exchanges have already halted XRP trading after the SEC’s lawsuit against Ripple was revealed. Go to Source Powered by WPeMatico
Cryptocurrency exchange alleges “millions of dollars” in losses as a result of what it describes as a “false and misleading” article. Go to Source Powered by WPeMatico
On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though Craig Wright’s defense team tried to exclude him. It seems the ongoing high-profile … Read more
