xrp security – DIGIT INFO

SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit

DIGIT — Sat, 12 Oct 2024 01:46:20 +0000

Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that XRP futures are “security futures” and aims to set a precedent affecting […]

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SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit

DIGIT — Sat, 22 Jul 2023 04:57:20 +0000

According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security.

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Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’

DIGIT — Sun, 06 Nov 2022 03:30:42 +0000

Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable harm the SEC will do to every facet of the U.S. crypto […]

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Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

DIGIT — Sun, 17 Apr 2022 02:00:45 +0000

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC […]

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XRP gains 30% after Ripple gets permission to explain ‘fair notice defense’ vs. SEC

DIGIT — Mon, 07 Feb 2022 17:29:12 +0000

The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead.

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Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP

DIGIT — Thu, 27 Jan 2022 01:00:50 +0000

Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on record. Ripple’s $15 Billion Valuation […]

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XRP price chart ‘double bottom’ puts next bullish target at $1

DIGIT — Wed, 11 Aug 2021 15:00:00 +0000

The classic “double bottom” pattern’s success rate of hitting its profit target lies around 78.55%.

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SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records

DIGIT — Thu, 22 Apr 2021 18:30:21 +0000

The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek relevant evidence, but rather seek to […]

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Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency

DIGIT — Tue, 23 Feb 2021 14:30:35 +0000

Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using Ripple’s Platform Moneygram International announced Monday that it has suspended trading […]

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Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP

DIGIT — Sun, 31 Jan 2021 17:05:50 +0000

Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan. […]

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