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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 ...
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.
The Securities and Exchange Commission is no longer pursuing civil charges against Ripple executives Christian Larsen and Brad Garlinghouse, according to a court filing in the Southern District of ...
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".
XRP has struggled after the Securities and Exchange Commission appealed a U.S. District Court ruling in favor of XRP in a prior lawsuit.
A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been seen as a major defeat for the ...
Release Currency Symbol Founder(s) Hash algorithm Programming language of implementation Cryptocurrency blockchain (PoS, PoW, or other) Notes 2014 Coinye: KOI, COYE Scrypt: PoW: Used American hip hop artist Kanye West as its mascot, abandoned after he filed a trademark lawsuit. OneCoin: Ruja Ignatova and Stephen Greenwood