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The government agency brought charges against Ripple [28] for depriving the “potential purchasers [of XRP] of adequate disclosures about XRP and Ripple’s business and other important long-standing protections that are fundamental to our robust public market system,” according to the complaint that the SEC filed in federal district court ...
The XRP price surge also comes as investors bet on the future of Ripple products. Fox Business reported that the company’s long-awaited stablecoin, RLUSD, is poised for regulatory approval in ...
The SEC alleged XRP is essentially a security and the company illegally raised funds with it. Although a judge has ruled largely in Ripple's favor, the case is still in limbo as appeals are filed.
After U.S. District Judge Analisa Torres ruled in a separate court case involving the crypto company Ripple—finding that its crypto token XRP itself was not a security, and that its sale only ...
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.
With its price up about 240% year to date, Ripple's native token, XRP (CRYPTO: XRP), is one of several cryptocurrencies that have soared in response to Donald Trump's presidential election victory.
Former CFTC chairman Christopher Giancarlo says in a new legal paper that the cryptocurrency XRP doesn't qualify as a security. But his argument comes with a grain of salt.
The agency is pushing back on a judge's ruling that programmatic sales of XRP did not represent a securities sale. SEC will seek to appeal the landmark Ripple decision on whether XRP is a security ...
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