Tag: XRP

Binance has frozen over $4.2 million worth of the looted XRP coins connected to the recent account hack on Ripple.  Binance CEO Richard Teng announced this development in a post on X and noted the the prompt action was possible due to early detection when the suspicious transactions were flagged ...

Ripple network co-founder Chris Larsen has announced in a post on X that his personal accounts on the Ripple network were the target of an attack that resulted in the loss of XRP tokens valued at over $110 million.  The announcement came a few hours after a pseudonymous on-chain crypto ...

Pro-XRP lawyer John Deaton has criticized the United States Securities and Exchange Commission (SEC) for withdrawing its high-profile case against crypto project DEBT Box.  Deaton, aligning with other XRP enthusiasts in the crypto community, has condemned SEC Chair Gary Gensler's leadership and handling of the recent DEBT Box lawsuit. He ...

Few cryptocurrencies have captured the attention of investors and crypto enthusiasts quite like Ripple's XRP.  The token is at the centre of an ongoing legal battle between Ripple and the United States Securities Exchange Commission (SEC), a dispute that has persisted for three years and counting. The SEC alleges that ...

Stuart Alderoty, the Chief Legal Officer of Ripple, has firmly dismissed concerns over a potential appeal by the U.S. Securities and Exchange Commission (SEC) in the wake of a recent groundbreaking decision in favor of Ripple Labs. The judgment came on July 13, 2023, when Judge Analisa Torres ruled that ...

A consequential end (or pause) came to what could be described as arguably one of the most important legal cases in the history of cryptocurrency in the United States. Ripple secured a partial victory in its three-year-long legal battle with the US Securities Exchange Commission (SEC). This outcome felt like ...

Major cryptocurrency exchanges have resumed trading XRP on their platforms after Ripple Labs scored a partial victory in its lawsuit against the United States Securities and Exchange Commission (SEC). Crypto.com and Kraken led the way as both exchanges announced on July 13, 2023, during Asian trading hours, that XRP has ...

John Deaton, a vocal pro-Ripple attorney, has spotlighted the potential effectiveness of the Safe Harbor concept in addressing the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple. Deaton believes that adopting this legal clause could have saved Ripple millions of dollars in legal fees and further ...

Source: Coinmarketcap   In the past few days, the price of XRP, Ripple's native token, has experienced significant fluctuations, much like other cryptocurrencies. In the last 24 hours, XRP has dropped by 2% and is currently trading at $0.4589. This decline is part of a broader market correction that affected ...

Gary Gensler, the chair of the Securities and Exchange Commission (SEC) in the United States, has been accused of hypocrisy by the cryptocurrency community after a video of a lecture he gave at MIT in 2018 surfaced online on April 26, 2023.  During the "Blockchain and Money" class, Gensler suggested ...