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The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and ...
How Much Is XRP Worth in 2022? What happens with the SEC lawsuit and whether or not Ripple does go public could affect XRP price predictions for the rest of 2022. ... Today, XRP has a market cap ...
XRP (CRYPTO: XRP) stock is posting another day of explosive gains in Thursday's trading. The cryptocurrency's token price was up 11.1% over the previous 24 hours despite sell-offs thanks to some ...
The lawsuit, initiated in December of 2020, seemed like it would’ve been a shoo-in for the Ripple network. Since then, though, it’s been a turbulent battle, and one that’s kept the XRP coin ...
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".
SEC v Ripple news updates appear to favor Ripple’s defense. Despite this, XRP continues its pullback from $0.91 levels struck in late March.
A 2023 ruling found that Ripple should pay a $125 million penalty in relation to the case, far short of the $2 billion fine that the SEC had sought in the lawsuit.