On Wednesday, Judge Failla from the Southern District Court of New York denied Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) case against the exchange. The SEC accuses Coinbase of operating as an unregistered exchange, broker, clearing agency, and alleges that its Staking Program engages in the unregistered offer and sale of securities.
Month: March 2024
Former founder and chairman of Murphy and McGonigle law firm James A. Murphy, also known as MetaLawMan, has delved into the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), offering his perspective on the bigger argument in the case. Bigger Argument Within The Ripple Vs. SEC Case James Murphy revealed
Ripple Labs Chief Technology Officer (CTO) David “JoelKatz” Schwartz has weighed in on New Dev Null Productions’ choice to cease its contribution towards XRP and its ecosystem, offering perspective on the development. Ripple CTO Advocates For XRP On Tuesday, Dev Null Productions announced its decision to discontinue its contribution to XRP and its ecosystem, which
In the XRP lawsuit between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the parties have submitted a joint sealing proposal to the United States District Court for the Southern District of New York. This proposal, aimed at governing sealing issues for the upcoming remedies-related briefing, underscores both parties’ commitment to transparency
RippleX, the development arm of Ripple, has formally announced the integration of the BRLA Token, a stablecoin pegged to the Brazilian Real (BRL), on the XRP Ledger. This event signifies a crucial advancement for the XRP Ledger and its ecosystem, offering a new layer of stability and efficiency for cross-border and domestic transactions. Ripple Praises
The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is set to once again gain steam as key dates approach. The XRP community will no doubt have their eyes on this one and hope that the lawsuit, which has continued to mar the XRP ecosystem, can well be put in the
As the crypto market steadily progresses towards the highly anticipated bull market, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple has revealed that the success of cryptocurrencies such as XRP during the market’s present bullish cycle hinges on their real-world applications and utility. Ripple CEO Reveals Strategy For XRP Success On Monday, March 11,
The protracted legal confrontation between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC) is advancing towards a critical juncture, as both parties face imminent deadlines for their remedies briefing submissions. This phase of the legal battle marks a significant step in the proceedings, potentially setting the stage for the case’s potential resolution.
The Ripple Chief Legal Officer (CLO) Stuart Alderoty has drawn the crypto community’s attention to a court transcript highlighting the SEC’s (Securities and Exchange Commission) lack of clear-cut rules for companies it regulates. SEC’s Rules Are “So Vague And Loosey-goosey” Alderoty shared a part of the Judge’s statement in the case of NCPPR v. SEC
The Chief Executive Officer (CEO) of the payment firm Ripple Labs, Brad Garlinghouse, has revealed the game-changing role of XRP in revolutionizing the banking sector in the world. Ripple CEO Says XRP Can Be Used To Settle Liquidity Jack The Ripper, a community influencer and figure, shared the information with the cryptocurrency community on the