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The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline. Why Ripple (XRP) Is Crashing Today Skip to main content
XRP (CRYPTO: XRP) is seeing big gains in Tuesday's trading. Meanwhile, the price of Bitcoin was up 4.5%, and the price of Ethereum was up 6.2%. In addition to bullish momentum for the crypto ...
In contrast, XRP is still down about 3% during the past 30 days. Competitive landscape The long-running court case with the SEC that started in December 2020 has had a dramatic competitive impact.
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
Bradley Kent Garlinghouse (born February 4, 1971) is an American business executive and the CEO of Ripple Labs, a financial technology company specializing in blockchain and cryptocurrency solutions.
The federal judge presiding over litigation between the Securities and Exchange Commission and the crypto firm Ripple said on Thursday that the SEC can file a motion to appeal a portion of her ...
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