Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt

Ripple CEO Hails Latest Court Ruling 'a Big Win' — Calls His Lawsuit Baseless Troll AttemptRipple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security.” The Ripple executive slammed allegations of misleading statements about his XRP position, stating that the […]

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Ripple Clarifies XRP Is Not a Security After New Court Ruling

Ripple Clarifies XRP Is Not a Security After New Court RulingRipple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.” New York’s ‘Ruling That XRP Is Not a Security Stands Undisturbed’ Following the ruling by the U.S. District […]

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Ripple Wins Partial Summary Judgment in Securities Lawsuit

Ripple Wins Partial Summary Judgment in Securities LawsuitThe U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling on Ripple’s Securities Lawsuit The U.S. District Court […]

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Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview

Ripple Collaborating With 10 Governments Globally, CEO Reveals in Rediscovered InterviewIn a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,” the executive described. Ripple CEO on Working With Governments Worldwide A video clip surfaced […]

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Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

Ripple's Legal Chief Rebuts SEC Claims — Says No Victims to CompensateRipple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple’s case. […]

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SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

SEC Now Demands $102.6 Million Penalty From Ripple in XRP CaseThe U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the SEC countered that such a low penalty “would not satisfy the purposes of […]

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Ripple Introduces XRPL EVM Sidechain: Bringing Ethereum Virtual Machine Compatibility to XRP Ledger

Byte-sized news on the latest topics relating to crypto and technology.Ripple has announced the development of a new product, the XRPL EVM Sidechain, which will bring Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL). This move is expected to unlock new opportunities in decentralized finance (defi) and real-world asset (RWA) tokenization. The sidechain will connect to the XRPL mainnet using a bridge, with […]

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Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit

Byte-sized news on the latest topics relating to crypto and technology.In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like to call it Real USD… Ripple USD”. This development marks a […]

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