Tags : XRP

Regulation

US courts deny the SEC to view records related to

 The discovery phase of the lawsuit against Ripple Labs continues as Magistrate Judge Sarah Netburn denied, in part, the US Securities and Exchange Commission’s (SEC) request for additional discovery. Ripple’s fair notice defense, which the SEC unsuccessfully moved to strike, is built around the US SEC actions and not its own conduct, since the company […]Read More

Regulation

Ripple (XRP) asks court to impose deadline on the SEC

In the Securities and Exchange Commission (SEC) vs. Ripple lawsuit, the San Francisco-based fintech firm has accused the securities regulator of willfully refusing to hand over documents related to BTC, ETH, and XRP. This is despite Judge Netburn’s ruling on April 6 ordering the SEC to reveal communications regarding the above cryptocurrencies. The standstill is […]Read More

Bitcoin

Crypto bets via Bitcoin, Ethereum, XRP are fueling illegal gambling

The acceptance of top cryptocurrencies like Bitcoin, Ethereum, and XRP on gambling sites are part of the reason why illegal online gambling is rising in Asia, a report from the Asian Racing Federation (ARF) said earlier this week. Macau’s famed ‘junkets’—businesses that act as middlemen for Chinese high-rollers who make up half the city’s gambling […]Read More

Regulation

U.S. courts deny SEC from viewing Ripple’s legal documents pertaining

The US Security and Exchange Commission´s (SEC) motion to access Ripple Labs´ legal communications regarding XRP‘s regulatory status was denied, a new filing shows. The appointed judge stated that the requested communications are protected by attorney-client privilege. Ripple caught a break The US SEC filed a complaint against Ripple last December, alleging that its sale […]Read More

Regulation

Ripple (XRP) likely to go public after its legal battle

The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the U.S. Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse. “The likelihood that Ripple is a public company is very […]Read More

Regulation

U.S. SEC brings Ripple (XRP) transactions under scrutiny

SEC claims “no document” exists as new twist emerges in Ripple (XRP) case The Ripple verses SEC lawsuit has the United States Securities and Exchanges Commission deny possession of internal documents relating to Bitcoin, Ethereum, or XRP, as they relate to securities, a filing on Court Listener reads. 2 min read → Source linkRead More

Regulation

Six XRP investors to be excluded from court hearing as

The latest twist in the SEC vs. Ripple lawsuit has the U.S securities regulator file a reply memorandum in further opposition to the motion to intervene, a new filing shows. The motion to intervene on behalf of XRP holders was granted by Judge Torres in late March, following the unsuccessful attempt by the SEC to […]Read More