Xrp legal team. Filan recently shared an update regarding the lawsuit.

Xrp legal team A federal judge approved Ripple's request to seal confidential documents related to its summary judgment motion, keeping sensitive information under wraps while the SEC gears up for its appeal. As the case reached its conclusion in August 2023, attention has shifted to whether the SEC will appeal the decision before the October deadline. With the conclusion of the widely-publicized lawsuit of the United States Securities and Exchange Commission against blockchain company Ripple seemingly inching closer, a pro-XRP legal expert has shared his views of the possible outcomes of the case. XRP Whales Exit as Ripple’s Legal Fight Drags On XRP’s Legal Momentum and Growing Adoption. The ongoing SEC v Ripple case and the threat of an SEC appeal left XRP trailing the broader market. The first controversial incident associated with XRP was the development team’s decision to utilize a centralized business framework, which gives Ripple full control of XRP’s supply. 17%. e. The crypto, often at the center of legal and XRP News Today: Ripple's Garlinghouse criticizes SEC Chair candidate Stebbins, with the crypto industry eyeing a shift in leadership approach Ripple’s Chief Legal Officer, Stuart Alderoty, also voiced concerns, suggesting that Stebbins’ leadership would mirror that of former SEC Chair Jay Clayton. XRP’s low transaction fees, reliability and high-speed enable traders to use the digital asset as high-speed, cost-efficient and reliable collateral across trading venues—seizing arbitrage opportunities, servicing margin calls and managing general trading inventory in real time. XRP is gaining as a key legal deadline arrives. Southern District of New York judge The legal battle between Ripple and the U. 14 statement, this contribution was channeled to World Central Kitchen and GiveDirectly, two organizations actively providing meals and financial assistance to those affected. Filan. 15 is the final day for the SEC to decide whether to move forward with its case against Ripple, the company behind XRP. Bob has been managing regional teams across Europe Ripple’s legal team will continue to defend its stance that XRP is not a security, while the SEC will argue that XRP sales should be subject to securities regulations. Regulatory developments could cause XRP to trade between $0. XRP News Today: Ripple scores a significant legal victory as a US court rules in favor of Ripple Labs in the ongoing XRP lawsuit, narrowing the scope of class claims. In addition, with no positive news from the Ripple case, XRP continues to trade below the crucial support position of $0. From the very beginning of the XRP vs SEC case, the Ripple defense team maintained the position that XRP is not a security, arguing that it should fall Ripple’s legal chief Stuart Alderoty says that a potential appeal by the Securities and Exchange Commission (SEC) after the recent ruling could play into the hand of the company. — Marc Fagel (@Marc_Fagel) January 6, 2025 Ripple and the SEC both filed appeals against parts of the ruling in this cryptocurrency regulation case. 13 hours ago Markets. Ripple’s political contributions highlight the industry's fight for regulatory clarity. Supreme Court standard used to determine if a transaction qualifies as an investment contract. XRP. 57 handle would support a move to the $0. The potential ramifications of this legal battle extend beyond Ripple and XRP. Crypto trader “Dark Defender” has noted that XRP is now in the final The trading volume of XRP (XRP) is $23,602,240,230. Start Your Mornings Ripple Labs (XRP) has achieved a crucial milestone in its legal saga by securing a U. will have profound consequences on how digital tokens are classified in the U. The appeal, filed on October 17, 2024, throws XRP’s future into further uncertainty and sets the stage for a protracted legal battle that could last until July 2025. XRP’s rise has not been limited to retail investors. XRP Soars 25% to 3-Year High as SEC Chair Gary Gensler Resigns, Sparking Hope for Ripple’s Legal Victory and Market Growth. Ripple's leadership team brings together decades of experience in technology, financial services and policy. Securities and Exchange Commission (SEC) has taken a new turn. The case, which centers around whether XRP is a security, has been a landmark in the cryptocurrency world. Will Saylor’s bold This article is about what is the timeline of the SEC vs Ripple lawsuit. Lawyer James K. In the meantime, the potential impact of a full settlement between Ripple and the SEC on the price of XRP remains a matter Explore the Ripple vs. The current live price of XRP today is ₹259. Following a 3. In January 2024, the SEC filed a motion to compel Ripple Labs to disclose financial documents related to XRP sales after the legal action was initiated in 2020. The lawsuit was initiated in December 2020. The company has also signaled that it may take further legal action if the SEC continues to pursue its case against Ripple, potentially leading to a protracted legal battle that could drag on The SEC’s aggressive legal stance continued into the new year. Ripple vs. 50 has been derailed by the general consolidations of the crypto market. This legal debate revolves around whether XRP passes the "Howey Test," a U. His tenure was marked by a strict stance on crypto regulation and a sheer disruption to innovation. . , the company behind the cryptocurrency XRP. Securities and Exchange Commission (SEC) is advancing toward a pivotal phase. Ripple Labs suffered a defection in its legal team in the SEC case. TOTAL XRP HELD BY RIPPLE 4,688,101,793 TOTAL XRP DISTRIBUTED 55,999,283,950* TOTAL XRP PLACED IN ESCROW 39,300,000,005 * As of July 21, 2024. The SEC’s lawsuit, filed during former SEC Chair Jay Clayton's final days in office, accused Ripple of selling unregistered securities through XRP. 47 A rug pull is a type of exit scam that involves a team raising money from investors and the public by selling a token only Public sentiment surrounding the XRP case is complex. The legal battle with the SEC remains unresolved, with appeals pending. Ripple has also invoked a “fair notice” defense, arguing that regulatory guidance on crypto remains murky at best. Could t XRP price is currently rallying, hitting new yearly highs. The eyes of the cryptocurrency industry have been on the SEC’s case with Ripple’s legal battle with the U. Just a few days ago, XRP hit a high of $2. The XRP community’s unwavering support amplified Ripple’s XRP is gaining as a key legal deadline arrives. 37, marking a 3. XRP demand rises as SEC’s appeal deadline nears and Gensler’s exit looms, with market focus on Crenshaw’s key reappointment vote. 6242. 33, with a 24-hour trading volume of ₹12,49,29,06,23,181. XRP (CRYPTO: XRP) was flying higher on Wednesday. District Court for the Southern District of New York, Ripple’s legal team said the SEC’s grounds for an appeal largely rested on “dissatisfaction” with a Breaking news in the world of cryptocurrency as the FBI confirms North Korean hackers are behind the massive $308 million breach of the DMM Exchange. Chris Larsen- Executive Chairman. Ripple Inc. XRP lawsuit refers to a legal case filed by the U. 97. Ripple's ongoing legal tussle with the SEC has been a considerable roadblock. Read more - MyTonWallet introduces NFT card customization feature in latest update Read more - Thai authorities consider closure of More significantly, Stuart Alderoty, Ripple’s Chief Legal Officer, emphasized that the ruling declaring “XRP is not a security” remains unchanged and isn’t subject to the current appeal. Ripple CEO Brad Garlinghouse has taken a strong stance against The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has gained widespread attention, carrying profound implications for the entire cryptocurrency industry. As investors monitor the case closely, Ripple’s actions could either bolster confidence or exacerbate concerns among market participants. Ripple case: JohnEDeaton1 gave me his biggest takeaways and here’s what I find the most interesting: On June 13, 2018, the day before the Hinman speech, the SEC legal team reviewed whether XRP was security in a legal memo and did not. XRP’s price has been closely linked to the ongoing legal battle. 30 % in the last 24 hours. Best of luck to the team on their future endeavors and the Ripple placed 55 billion XRP into a cryptographically-secured escrow account. Being one of the pioneers of the crypto market, Ripple (XRP) has achieved fame as a digital asset that facilitates international money transfers. Court of Appeals for the Ninth Circuit. 22% on Monday, ending the session at $0. Controversies and Legal Crises. This legal maneuver has bolstered market sentiment, The ongoing legal battle between Ripple Labs and the U. What is the all-time high for XRP (XRP)? The highest price paid for XRP (XRP) is BTC0. The Trump transition team is reportedly considering candidates for the Securities and Exchange Commission chair role, with names such as Dan Gallagher and Paul Atkins, both former SEC commissioners, being mentioned. The case hinges on the classification of XRP as a security (i. Indeed, Scott Chamberlain, a former lawyer and co-founder of the permissionless Layer 2 platform Evernode Ripple’s legal team remains confident that the case will eventually favor their position, but the outcome depends largely on the appeals process and the decisions made by the new SEC leadership. 1 filing with U. Ripple’s legal team is gearing up for what looks like a long fight; they might even be preparing for court again in 2026! This case isn't just pivotal for Ripple; it could set major XRP has experienced a dramatic 12% increase in value within 24 hours, reaching $2. XRP has surged over 25% in the past 24 hours, reaching its highest Ripple gets one up in SEC appeal battle, which may set precedent in other crypto litigation cases . Ripple’s legal team has consistently denied these claims, maintaining that XRP is a digital currency, not a security. Coinbase continues to battle the SEC too. 86 at the time of writing—a price level last seen in early 2018. Jan. “Because both parties appealed the part of the case they lost, the penalty is on hold pending appeal,” Fagel explained on January 6, 2025. Ripple lawsuit. Ripple v. Alderoty believes that any appeal by the Commission will consolidate the company’s partial win as the battle for clarity drags on. Ripple’s legal team contends that an investment contract requires a binding agreement with post-sale commitments, a standard they believe doesn’t apply to XRP. 80. Ripple Executives And XRP Legal Team Criticise SEC’s Crypto Regulations September 8, 2023 by Mohammad Ali In a bold condemnation of the U. In the notable development, the most likely XRP suit trial date was revealed for the second quarter of 2024. His goal is to explain complex crypto concepts so anyone can understand them so they can invest and build in the cryptoeconomy. He clears that the company is legally obligated to Ripple shareholders and not XRP holders. Fun stole the spotlight. July 20, 2023. 6983—up 5% in the last 24 hours. 6. 5505 if the XRP could drop toward $2. claiming the Ripple countered by arguing that XRP functions as a currency, not a security, and therefore doesn’t fall under the SEC’s jurisdiction. XRP’s potential for ETF approval could attract institutional investors and enhance its market appeal in 2025. 35% increase from the previous close. The SEC tried to block the release of the Hinman documents to the public (because they were not only available for the XRP legal team but because they are now available for everyone) without any results because the Hinman While many non-crypto users may not have been aware of Ripple's arduous journey to redemption and XRP's SEC retribution by returning to its $2 price even after the legal beatdown, the XRP Army can XRP’s leadership and legal personnel recognized Alderoty also focused on Ripple’s internal legal teams, stating that they played a vital role in the company’s ability to defend itself against the SEC’s accusations. The lawsuit, which began in December 2020, accuses Ripple, along with its CEO brad garlinghouse brad garlinghouse Brad Garlinghouse is the CEO of the financial XRP News Today: XRP Hits $3 as SEC Appeal Filing Looms; BTC Strikes $100K Thu, 16 Jan 2025 01:42:32 GMT NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rally As Core Inflation Rate Drops To 3. Ripple’s legal team has criticized the SEC’s appeal, with CEO Brad Garlinghouse calling the agency’s filing a repeated attempt with no new arguments. Ripple CEO Brad Garlinghouse has taken a strong stance XRP XRP XLM Stellar ALGO Algorand . 6000. It pledges to fight the case right to the Supreme Court. Given the complex nature of the case, it could take months before a final ruling is issued. Conversely, XRP could break above its 2018 record high of $3. Many investors are hoping that the meeting may result in the relisting of XRP on Coinbase, which could lead to a surge The legal team defending $XRP Labs against a case filed by the United States Securities and Exchange Commission has requested to stay the monetary portion of an Aug While the legal tussle between Ripple and the SEC is still ongoing, Ripple, the payments technology company, recently held an event to commemorate its partial legal victory. ” This suggestion comes after the legal victory of Ripple against the SEC, a ruling that many consider crucial for the future of XRP. This decisive step comes after a prolonged legal battle marked by intense arguments and evidentiary clashes over XRP’s legal status and the SEC’s authority to enforce securities laws within the crypto industry. The XRP Legal Dispute Pada saat artikel ini ditulis, proses hukum antara Ripple Labs dan Komisi Sekuritas dan Bursa AS (SEC) masih berlangsung. Ripple’s legal team believes that once the new leadership takes over, the case will move in their favor. Garlinghouse shared a picture of the Ripple senior executives with President-elect Donald On Tuesday, XRP gained 3. Ripple’s legal team has stated that it is fully prepared to fight the SEC’s appeal and is committed to ensuring that XRP is not treated as a security. Securities and Exchange Commission (SEC) for using the term “investment contract” to create chaos and confusion around securities law. Recent developments, particularly Ripple's partial win in 2023, where the court ruled that XRP sales to everyday investors were not categorized as unregistered securities, have set a favorable tone. 46. Even though not recognized as one, the foundation of XRP to be a legal tender is being laid already. The cryptocurrency market is sensitive to legal developments, and the ongoing proceedings have led to increased volatility in XRP’s price. 79%. Favorable environment for projects like XRP; Ongoing Legal Developments. According to a Jan. 2. At present, XRP`s momentum towards the crucial $0. XRP has captured market attention Deaton highlights the unique involvement of the XRP community, noting that over 75,000 XRP holders have petitioned the court, saying it’s the SEC, not Ripple, causing them harm. 5 billion in investments within weeks. Larsen will now have the same legal team that successfully secured the dismissal of all charges against Garlinghouse in the initial case. XRP’s Price: A Reflection of Legal Uncertainty. Securities and Exchange Commission (SEC) has lost three attorneys from its legal team amid news that a federal judge has scheduled a trial for the remaining arguments in the case with Ripple Labs. 5505 if the XRP is gaining as a key legal deadline arrives. Gallagher, currently Robinhood’s Chief Legal Officer, is viewed favorably by many in the crypto community. Nonetheless, Ripple's legal team has notched some notable victories in the early stages of the case, including winning the right to depose a former SEC executive, Bill Hinman, and coinpedia. Protect yourself with our latest insi Ripple has committed $100,000 in XRP to aid relief efforts for victims of the devastating California wildfires. This appeal challenges several key rulings made by a California court. District Judge Analisa Torres previously ruled partially in favor of Ripple, requiring the company to Stark concludes there has been some “compelling work done” by the Ripple legal team. court's approval to accelerate the final judgment in the XRP lawsuit, indicating a significant step towards In addition, Grewal commended Ripple’s legal team, saying they have done “a masterful job” raising question marks about the way the SEC is approaching the case and crypto regulation. a financial asset from which the investor intends to profit), as opposed to a currency or medium of exchange. Over the past four years, XRP has endured a The XRP community is eagerly awaiting the outcome of the meeting between Coinbase and Ripple's legal teams. Monitor these important chart levels in XRP, BTC, and ETH. Tim Scott urges crypto framework in Congress . In recent weeks, the token has faced significant price fluctuations, reflecting the uncertainty surrounding the lawsuit. The company The legal teams reiterated their positions on whether XRP should be classified as a security. 90, only to drop 13% to $2. 50 and $0. Banking Web3. The SEC’s lawsuit against Ripple, initiated in December 2020, alleges that Ripple’s sale of XRP constitutes an unregistered securities offering. Filan recently shared an update regarding the lawsuit. 5 if the SEC files an opening brief, convincingly challenging the Programmatic Sale of XRP ruling. 04%. The SEC filed a notice of appeal in the XRP ruling, challenging Judge Torres’ verdict that Ripple’s CEO Brad Garlinghouse criticized 60 Minutes for omitting the July 2023 ruling that XRP is not a security in programmatic sales. As the legal battle winds down, XRP’s price remains volatile. “Attorney Read about the SEC lawsuit outcome that determines XRP is not a security, igniting a landmark victory for Ripple and the crypto asset market. SEC: Another Year of Legal Battles. With Ripple’s legal team anticipating a settlement in 2024, such an outcome is more likely than unlikely. Securities and Exchange Commission (SEC) over XRP has been one of the most important cases in the cryptocurrency industry. XRP momentarily smashed through the $3 barrier today, a dramatic comeback not seen since early 2018. Though it quickly corrected back to $2. In the early stages of the blockchain industry, XRP was one of the first platforms to be welcomed by financial organizations and buyers worldwide. If it continues to expand its partnerships while navigating the evolving regulatory landscape in an efficient manner, XRP could eventually be recognized as a form of legal tender in jurisdictions that embrace digital currencies. See also Solana and Cardano Rally with Growing Market Confidence While Viral Garlinghouse posted a photo of himself grabbing dinner with Trump and Ripple’s Chief Legal Officer, Stuart Alderoty, telling followers that “Team Trump is already jumpstarting innovation and Ripple Strikes Back: Pro-XRP Legal Team Fires Back at SEC Allegations, Raising Questions About Regulatory Claims🔥 A pro-XRP lawyer, Bill Morgan, challenge the SEC's allegations, raising concerns about the validity of the regulatory body's claims. Ripple’s lawyers insisted that the SEC’s treatment of XRP and its classification as a security were inconsistent with Unlock Exclusive XRP Price Insights: Discover what the SEC’s next move could mean for XRP’s future. 4, maintaining its upward trajectory after SEC Chair Gary Gensler announced his term will officially conclude on January 20. Gary Gensler’s tenure as SEC chairman is coming to an end. As announced separately, the existing XRPL Foundation team has created, and will focus its efforts on INFTF to serve a broader financial inclusion mandate (not specifically focused on XRPL) after transitioning the responsibilities of the XRP Ledger Foundation to new leadership. The price of XRP is expected to rise sharply once the lawsuit concludes. >>Claim Your Free $100 Gift! Modernize your financial infrastructure. As Charles Gasparino of Fox Business tweeted Friday: Ripple’s legal team tell Fox Business they have no plans to settle with SEC over a lawsuit on XRP, confident they can show Gary Gensler in pursuing the case is picking winners Attention, Ledger users! A new wave of phishing attacks is exploiting prior data leaks, targeting your valuable assets. Ripple’s legal team has consistently argued that the SEC’s approach lacks clarity and that XRP does not meet traditional XRP market summary | Source: Google Finance Ripple vs. USDT. The meeting sent a subtle message to the market on what the future potentially holds for XRP price. 40. Read more - Stellar’s XLM price breaks out: is a 30% surge coming? Sen. XRP Price Prediction. Ripple’s XRP distributions to developers, to charities, and to employees – not securities. ’s legal team doesn’t plan on settling with the US Securities and Exchange Commission (SEC) on XRP. As the SEC pushes for disgorgement on XRP sales, Deaton’s comments inject optimism into Ripple’s legal chances. Don’t miss our expert analysis here – read now! Bitcoin Trends: Demand Outpaces Supply XRP Legal Battle: SEC Acknowledges Non-Security Status August 22, 2023 — 08:23 am EDT. 203. Despite the potential for some last-minute actions from Gensler’s team, the crypto community remains hopeful. Gensler’s exit could prompt the agency to reassess its approach to current litigation, possibly leading to a decision against pursuing its appeal in the SEC vs. The ongoing legal dispute between Ripple Labs and the U. 14 hours ago News. A recent tweet Team Ripple. This consolidation suggests a unified front in Ripple’s legal strategy. Ripple’s legal team has been navigating the complexities of this case for several years, and this recent development marks a pivotal moment in their efforts to protect XRP’s standing in the cryptocurrency market. Securities and Exchange Commission decided not to appeal Judge Torres’ summary judgment declaring that XRP is not a security in the Ripple $ 2 Labs case. SEC lawsuit, the legal battle over XRP’s classification, its impact on the market and what lies ahead with the SEC’s appeal deadline. 0002247, which was recorded on Jan 07, 2018 The post XRP News Today: Ripple Legal Team Warns Against Stebbins’ SEC Leadership appeared first on Coinpedia Fintech News. Ripple won a landmark decision against the Securities and Exchange Commission this summer when a federal judge ruled its While the SEC’s appeal is ongoing, XRP holders and Ripple supporters remain cautiously optimistic. Our XRP to INR price is updated in real-time. Ripple stewards the development of the XRP Ledger, and advances XRP as a key contribution to the Internet of Value: a world in [] XRP rose by 0. 96% rally on Monday, XRP ended the day at $0. 45 level. John Deaton, an amicus brief lawyer whom Stark referenced in his post, recently said the company is looking at a 99. 23 by Tim Smith. Analysts predict a potential 500x rally amid altcoin season. At the time of writing, XRP is trading at $0. Ripple Lawsuit Update: Judge Phyllis Hamilton grants Ripple’s motion for final judgment on settled class claims, limiting the case and setting a trial date for January 2025. The XRP price has shot back up above the $0. Q&A. With Bitcoin h A Key Step in the XRP Legal Battle. In addition to bullish momentum for the crypto market today, XRP's token price is gaining ground in conjunction with a key deadline for legal challenges brought against Ripple by the Securities Ripple’s legal team has consistently countered the SEC’s claims, asserting that XRP is a digital currency and not a security. Despite a partial victory in 2023, XRP has underperformed, climbing only 7. He co-founded Ripple in 2012 and was CEO of Ripple until 2016. Ripple is the leading provider of digital asset infrastructure for financial services. 00 +0. 43 +1. Ripple’s XRP token rose by 25% on Friday to above $1. Active addresses rise 54%, driven by existing traders. After four years of struggle, the court case has finally concluded, with Ripple Labs ordered to pay $125 million – a far lower sum than the $2 billion On October 20, Ripple’s legal team received the documents, and finally, they asked in court to be made public to everyone. They think this appeal wastes resources, especially since the SEC may change its stance. With current SEC Chair Gary Gensler leaving on January 20th, Ripple believes the “war David Schwartz, Jed McCaleb, and Arthur Britto developed and launched XRP Ledger in June 2012. The outperformance of XRP can be attributed to the positive developments around its legal battles. In a Sept. Currently, XRP is led by 10 Key people in Leadership positions with 9 Board of Directors. If Larsen’s legal team fails to file the necessary paperwork by the November 5 deadline, they risk losing the right to present oral arguments, which could significantly weaken Larsen’s position in the case. The segment reflects ongoing tensions between crypto supporters and critics. org: The post XRP News Today: Ripple Legal Team Warns Against Stebbins’ SEC Leadership appeared first on Coinpedia Fintech News Gary Gensler’s tenure as SEC chairman is coming to an end. This development created a positive atmosphere within the XRP community, with members hopeful As legal uncertainty surrounding Ripples XRP persists, analysts warn of potential price fluctuations. Potential Impact on XRP’s Status Price of XRP today. XRP's legal battles with the SEC are still ongoing and that could change everything. XRP's legal battles and institutional adoption shape its market future, influencing crypto regulations and cross-border payments. XRP holders, as well as the broader cryptocurrency community, are closely watching the developments, hoping for a resolution that can bring much The ongoing legal battle between Ripple Labs and the U. With a But hold up. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump. Ripple has over 500 Employees and 9 global offices at present. SOL. Fagel clarified that the SEC’s legal team has no option but to proceed with the filing, despite any potential changes in direction. 47 and a low of $2. On November 15, 2024, Sostack’s legal team filed an appeal with the U. The XRP legal news keeps changing as the case moves forward. moving forward," said Ripple Whale wallets holding over 1 million XRP surge 18%. By securing this XRP, people can mathematically verify the maximum supply of Ripple’s XRP that can enter the market. Pro-crypto SEC appointees and Ripple’s legal battle may reshape XRP’s future. The legal battle with the SEC remains Ripple gains another support to boost its legal team. Litigators of the Week: The Defense Team that Showed Ripple’s XRP Isn’t ‘In and Of Itself’ a Security. Institutional demand has surged, with the launch of XRP exchange-traded funds (ETFs) in December. Ripple’s legal bills hit $200 million as crypto industry looks to Asia. Bitcoin, Ethereum and XRP Forecast Video for 22. Send cross-border payments in real-time, engage with tokenization and digital assets, and meet regulatory compliance requirements—all in one place. And then there's the broader regulatory uncertainty. The SEC claims that Ripple violated securities laws by selling XRP without registering it “On the latest ruling in the SEC vs. An XRP return to the $0. 9% legal victory against the SEC in the XRP lawsuit. Trump's win boosts hopes for Ripple settlement by 2025, XRP price rises, and pro-crypto SEC leadership changes in this XRP lawsuit update Legal analyst Fred Rispoli believes that with the new administration, a settlement could be possible as early as March 2025, potentially marking a significant turning point for Ripple and the crypto XRP has experienced a significant surge, reaching an intraday high of $2. Get to know our strong bench of leaders. Alderoty emphasized the importance of developing a legal approach that would benefit the firm. Currently, XRP is the seventh-largest cryptocurrency, trading at $0. McCaleb's team founded the precursor to Ripple in 2011 and Larsen, a wealthy MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Following a significant court win, Ripple's founder and CEO, XYZVerse Presale Milestone of $500k Draws Buyers in Droves—XRP Legal Support and Solana Gains Await! Press Releases Nov 10, 2024 >>>Don’t miss your shot at being part of the XYZ winning team!<<< XRP (XRP) Imagine sending money across the world as easily as sending an email. Notably, XRP extended the winning streak to four sessions. All in all, the appeal process, which could potentially extend until July 2025, adds another chapter to a legal battle that began in December 2020. The SEC claims XRP is an unregistered security, which Ripple is fighting tooth and nail. The U. SEC v Ripple case-related news The optimism isn’t just about chart patterns and legal battles; it’s also about the broader narrative surrounding XRP. Created by Ripple Labs, XRP operates on the Ripple network, utilizing a unique consensus protocol rather than Proof of Work (PoW) or Proof of Stake (PoS). Securities and Exchange Commission (SEC), Chris Larsen, the Executive Chairman of Ripple, and legal representatives for XRP have taken a strong stance against the regulatory body’s aggressive approach XRP Price Outlook Amid Legal Uncertainty. The delisting of XRP from Coinbase has had a significant impact on the digital asset's price and market capitalization. This submission A loss for Ripple could mean losing its XRP, while an SEC loss would erode its credibility; The company has also hired elite legal talent, including the former head of the very agency it is battling. 55% since November of that year. 03 +8. The incoming team will review ongoing litigation and back off of those cases that do not Ripple’s legal battle with the SEC may end in its favour, boosting XRP’s market outlook. 08. Ripple's recent legal win has further fueled optimism among XRP investors. Stu Lustman leads the YouTube Script Team and is the Partner Team Lead at Altcoin Buzz. Key Developments Leading Up to 2024 This is an exciting year for XRP, with its legal troubles seemingly gone. Securities and Exchange Commission (SEC) sued a company called Ripple, alleging it was in breach of the law for the way it issued its XRP (CRYPTO: XRP) cryptocurrency. Read XRP price prediction to XRP could drop toward $2 if the SEC files a compelling opening brief, challenging the Programmatic Sale of XRP ruling. Securities and Exchange Commission (SEC) against Ripple Labs Inc. I bet your legal team would agree. Key price levels depend on ETF approvals and SEC decisions. Stuart Alderoty, Ripple’s Chief Legal Officer, delivered significant news to the XRP community. The SEC is moving XRP hovered above the 50-day and 200 EMAs, sending bullish price signals. The momentum on XRP price signals that the upside will likely continue if resistance persists at $2. Recommend bringing any enforcement action against Ripple or its executives. How Is XRP Used in Trading? XRP is traded on more than 100 markets and exchanges worldwide. It argues that Ripple’s actions made XRP an investment contract under the Howey test, which is used to determine whether something qualifies as a security. S. Legal Victory Boosts Market Confidence. BNB. The integration of XRP into the X Payments platform by Musk could mark a significant In 2020, the U. This Ripple’ legal teams argued in court that XRP was a digital currency, not a security, just like Bitcoin and Ethereum officially acknowledged as commodities by the SEC and the CFTC (Commodities Futures Trading Commission). The outcome of this case is going to be huge for XRP's future. ‘Crypto Dad’ Chris Giancarlo has predicted the SEC will drop its case against Ripple once Chairman Gary Gensler steps down. Ripple’s legal case with the SEC nears resolution. Meanwhile, the potential impact of a full settlement between Ripple and SEC on the price of XRP remains a hotly 2024 was huge for crypto. Ripple has countered, arguing that XRP is a digital asset, not a security, and that the company has operated within legal bounds. The decision to seal these documents is just one of many in the ongoing legal battle between Ripple and the SEC. The landscape of regulatory clarity is vital for XRP's price trajectory. The XRP Ledger is the home of XRP, a digital asset designed to bridge the many different currencies in use worldwide. 24 in the last 24 hours, representing a 137. If a judge concludes that XRP is a security, Ripple likely will crumble, and the ruling will give the SEC a powerful weapon to go after other blockchain projects. Chief Legal Officer Stuart Alderoty referred to the SEC’s recent filing as a “rehash of failed arguments,” suggesting that the case may lose momentum under a potential Trump administration. SEC Activity Drew Investor Interest on Tuesday It’s been almost two weeks since a federal court ruling settled a years-long battle between Ripple Labs and the SEC over the nature of Ripple’s XRP token. The SEC declined Ripple’s request to delay its appeal filing deadline, leaving Ripple’s legal team—led by CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty—calling out the regulator’s hardball tactics. Morgan has questioned the SEC's assertions that Ripple offered preferential discounts to certain The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. Filan revealed that the parties involved have filed a Stipulation, agreeing to file a deferred appendix for the cross-appeals 21 days after the appellee’s brief is Ripple’s XRP ETF Could Launch By Mid 2025. Stu has been writing about crypto since 2014 at his blog and for clients in the industry. XRP has seen a increment of 9. 3. 711. The request to reveal sensitive financial data was met with resistance from Ripple, which argued that such disclosure With Ripple’s legal team also anticipating a settlement in 2024, such an outcome is more likely than probable. 5835 resistance level. BlackRock, Fidelity, and Vanguard were among the first to offer XRP-backed products, attracting over AUD 7. The legal battle continues as Ripple's appeal in the ripple case progresses. The SEC vs. Highlights. Our previous note on XRP – Up 300% In A Month, XRP Is Just Getting Warmed Up – has more details. 1. Ripple (XRP) is a digital payment protocol designed for fast, low-cost international transactions, primarily used by financial institutions for cross-border payments. The two Legal experts weigh in on potential outcomes and the future of XRP. XRP saw significant gains after the ruling, fueled by relistings and ETF speculation. 5% for the treasury, and 5% for the team—Lightchain AI is built for sustainability and long-term growth. Securities and Exchange Commission (SEC) continues to make headlines. 66%. 30% increase from one day ago and signalling a recent rise in market activity. Positive Outlook for the Future. Ripple's team and supporters maintain that XRP is not a security in most situations, especially when it comes to retail trades, which parallels the treatment of Bitcoin and Ethereum. That’s the promise of XRP, a cryptocurrency on the XRP Ledger. 58, down 2% on the day. the SEC heats up. XRP’s price was up 30% on the 1-month chart Wednesday. SEC Trial Set For Additionally, the SEC challenges the exclusion of XRP distributed in non-cash transactions, such as employee compensation and business incentives, asserting that such distributions meet the “investment of money” standard. 80 by years end, driven As the clock ticks down to a crucial deadline, Ripple is rallying its legal team to strengthen its position, leaving the XRP community hopeful for a favorable outcome that could lead to significant price increases. As the lawsuit between Ripple and the Securities and Exchange Commission (SEC) enters the summary judgment stage, the blockchain company has added a Stuart Alderoty credited CEO Brad Garlinghouse and Ripple’s legal team for their pivotal efforts in the XRP case. “Now you have the opportunity to challenge the SEC legally by adding XRP to X Payments. The In a new update to the XRP lawsuit, Ripple’s legal team got a major boost with the addition of Attorney Bethan Rhian, as shared by the former federal prosecutor, James K. On Wednesday, Chief Legal Officer Stuart Alderoty The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has gained widespread attention, carrying profound implications for the XRP is gaining as a key legal deadline arrives. Pada Agustus 2024, seorang hakim federal memerintahkan Ripple untuk membayar denda perdata sebesar $ 125 juta karena menjual token XRP secara tidak benar kepada investor institusi. Securities and Exchange Commission (SEC) continues, with the SEC requesting yet another extension for its main brief submission, now pushing the deadline to January 2025. XRP Current Market Status. The firm stated that its donation was facilitated through Stark concludes there has been some “compelling work done” by the Ripple legal team. David Schwartz, CTO at Ripple, blamed the U. Clayton’s tenure was marked by heavy XRP's legal battle with the SEC and its MoonPay partnership shape its future. 30 as of December 5. While Ripple can work around legal clarity around XRP and digital assets, the prices of Deaton, a prominent voice in the XRP community, alleges that the SEC’s legal team engaged in unethical practices, further complicating an already contentious legal battle. A ruling in Ripple’s favor could set a Since December 2020, the legal battle has had significant repercussions on XRP and its investors, reshaping the landscape of cryptocurrency regulation. Ripple’s legal team has consistently rejected the SEC’s claims, maintaining that XRP is a digital currency, not a security. Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty spotlight XRP on Tuesday, January 7. US regulatory activity and SEC v Also, Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met Donald Trump and his team last week. waeb ccarhw cojfcxd muhskh lluiokl lidddsc ssmcph iiuu vssn tnqohf