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Back in late December, when I last discussed XRP (XRP-USD), I took a cautious view on the crypto. In my article, I talked about how there was upside potential if its developer, Ripple Labs, beat ...
Under Gensler, XRP was the target of a major SEC lawsuit. Although a judge ruled in XRP's favor, the ruling will likely be appealed by the SEC. ... Ripple's primary value comes from its tiny fees ...
The SEC brought the suit in 2020, accusing Ripple of illegally raising money by selling XRP without registering it as a security. The XRP price surge also comes as investors bet on the future of ...
The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
The SEC has faced recent defeats in the case, including an unexpected ruling by Judge Analisa Torres in July that found that Ripple's sale of XRP on exchanges did not constitute an unregistered ...
XRP has long struggled in the shadow of a legal challenge from the U.S. Securities and Exchange Commission (SEC), which challenged the way Ripple Labs sold tokens to investors without first ...
Ripple's court victory over the SEC in July—a case in litigation since 2020—was seen as a boon not just for the company but the entire industry. In a landmark decision, ...
XRP is on the move today, testing resistance levels early. Uncertainty over the outcome of the SEC v Ripple case remains, however, ahead of a key ruling.
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