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"SEC Crushes Ripple with New Filing: Binance Ruling Ignored!"
The U.S. SEC responds to the notice of supplemental authority from Ripple regarding the Binance decision, which the company argues supports its remedies-related opposition brief.
Read more on: https://thecryptobasic.com/2024/07/04/sec-slams-ripple-in-new-filing-says-its-reference-of-binance-ruling-is-irrelevant/
#Ripple💰 #SECCryptoRule #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/07/04/sec-slams-ripple-in-new-filing-says-its-reference-of-binance-ruling-is-irrelevant/
#Ripple💰 #SECCryptoRule #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
"Ripple’s Latest Filing: Can Binance’s Recent Ruling Shield XRP from Severe Penalties?"
Leading crypto payments company Ripple submits a supplemental authority in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC).
Read more on: https://thecryptobasic.com/2024/07/03/xrp-case-update-ripple-new-filing-highlights-binance-ruling-to-advocate-against-harsh-penalties/
#Ripple💰 #SECCryptoRule #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/07/03/xrp-case-update-ripple-new-filing-highlights-binance-ruling-to-advocate-against-harsh-penalties/
#Ripple💰 #SECCryptoRule #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Ripple retains 1.3 billion XRP in its spendable wallets after unlocking 1 billion tokens from escrow for July, sparking speculation of a settlement in the SEC case.
#Ripple💰 #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V
#Ripple💰 #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V
🚀XRP Ledger ready to adopt tokenized gold, silver in Q3, 2024 !
✨As became known from the official X announcement, Meld Gold has established a partnership with Ripple, a San Francisco-based
fintech company.
✨As part of the partnership, Meld Gold will launch two new stablecoins backed by silver and gold on XRP Ledger.
✨Per the company's Medium post, each token will represent one gram of the precious metal held by leading custody providers MKS Pamp and Imperial Vaults.
✨The tokens are expected to go live on XRP Ledger in Q3, 2024. Meld Gold CEO Michael Cotton underscored the importance of this release, saying "Integrating XRPL as the second blockchain alongside Algorand is another.
#XRPGoal #Ripple💰 #silver #GOLD_UPDATE
✨As became known from the official X announcement, Meld Gold has established a partnership with Ripple, a San Francisco-based
fintech company.
✨As part of the partnership, Meld Gold will launch two new stablecoins backed by silver and gold on XRP Ledger.
✨Per the company's Medium post, each token will represent one gram of the precious metal held by leading custody providers MKS Pamp and Imperial Vaults.
✨The tokens are expected to go live on XRP Ledger in Q3, 2024. Meld Gold CEO Michael Cotton underscored the importance of this release, saying "Integrating XRPL as the second blockchain alongside Algorand is another.
#XRPGoal #Ripple💰 #silver #GOLD_UPDATE
Ripple's Victory: Judge Torres’ XRP Ruling Now the 'Law of the Land' – What It Means for Crypto Fan
Ripple CLO highlights the significance of the Binance ruling, saying courts now recognize Judge Torres’ decision as being consistent with the law of the land.
Read more on: https://thecryptobasic.com/2024/07/01/courts-now-recognize-judge-torres-xrp-ruling-as-law-of-the-land-ripple-top-lawyer/
#Ripple💰 #XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/07/01/courts-now-recognize-judge-torres-xrp-ruling-as-law-of-the-land-ripple-top-lawyer/
#Ripple💰 #XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
"Ripple Partner SBI Mints 920 Exclusive NFTs on XRPL for Japan's 2025 World Expo!"
Japanese financial giant and Ripple partner SBI begins the minting of XRPL-based NFTs for the 2025 World Expo in Japan, with 920 collectibles minted.
Read more on: https://thecryptobasic.com/2024/07/01/ripple-partner-sbi-mints-920-nfts-on-xrpl-for-the-2025-world-expo-in-japan/
#Ripple💰 #SBI #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/07/01/ripple-partner-sbi-mints-920-nfts-on-xrpl-for-the-2025-world-expo-in-japan/
#Ripple💰 #SBI #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
#CryptoNewss Bitcoin, Ethereum, Ripple updates
BTC/USDT trades at $62,950 on Monday at the time of writing. Bitcoin rallied above $62,000 despite mass profit-taking activities of holders. The German Government’s Bitcoin transfers and the upcoming Mt.Gox payback to creditors are the key market movers. US macroeconomic events could usher in volatility in BTC this week.
ETH/USDT trades at $3,475. Ether has failed to rally past the resistance at $3,500 despite the optimism surrounding Spot Ethereum ETF approval. The Ethereum ETF could be approved as early as Thursday, July 4.
XRP/USDT extends gains and trades at $0.4815 on Monday. The altcoin has recovered as a recent ruling in the SEC vs. Binance's lawsuit used the XRP secondary market sales judgment as precedent. XRP holders gained clarity on the status of XRP as a non-security in secondary market transactions. #bitcoin☀️ #Bitcoin❗ #etherreum #Ripple💰 Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. $BTC
$ETH
$XRP
BTC/USDT trades at $62,950 on Monday at the time of writing. Bitcoin rallied above $62,000 despite mass profit-taking activities of holders. The German Government’s Bitcoin transfers and the upcoming Mt.Gox payback to creditors are the key market movers. US macroeconomic events could usher in volatility in BTC this week.
ETH/USDT trades at $3,475. Ether has failed to rally past the resistance at $3,500 despite the optimism surrounding Spot Ethereum ETF approval. The Ethereum ETF could be approved as early as Thursday, July 4.
XRP/USDT extends gains and trades at $0.4815 on Monday. The altcoin has recovered as a recent ruling in the SEC vs. Binance's lawsuit used the XRP secondary market sales judgment as precedent. XRP holders gained clarity on the status of XRP as a non-security in secondary market transactions. #bitcoin☀️ #Bitcoin❗ #etherreum #Ripple💰 Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. $BTC
$ETH
$XRP
XRP Price Recovery: Will XRP Rank Under Top 5 in 2024?
XRP has been part of the crypto industry for more than ten years, sitting in the 7th position under the top categories for its market capitalization. Though XRP has maintained such a high position, its reputation in the market has declined to an all-time loser for its six-year-long crypto winter. With every new prediction and analyst claiming upcoming surges, XRP price has not moved any higher from its average of $0.5, except for a few exceptions. Ripple, the blockchain network, is behind the launch of the XRP, which has become the limiting factor and the gift for the token. XRP was launched in 2013, and for the first four years, its value struggled to reach deserving heights. However, with development and partnership, Ripple pushed the demand for the XRP token. As a result, XRP price surged to its all-time high of $3.31 on January 4, 2018, which has been the highest mark till today.
With the possibility of XRP achieving the $1 mark, its market cap will grow to 55,688,327,582 because of its circulating supply of 55,688,327,582 XRP tokens. This will be twice the current market cap of $26,398,603,379. With that, XRP could beat the USDC, the sixth-biggest cryptocurrency.
#Ripple💰 #Xrp🔥🔥 #XRPGoal #US_Inflation_Easing_Alert #altcoins
XRP has been part of the crypto industry for more than ten years, sitting in the 7th position under the top categories for its market capitalization. Though XRP has maintained such a high position, its reputation in the market has declined to an all-time loser for its six-year-long crypto winter. With every new prediction and analyst claiming upcoming surges, XRP price has not moved any higher from its average of $0.5, except for a few exceptions. Ripple, the blockchain network, is behind the launch of the XRP, which has become the limiting factor and the gift for the token. XRP was launched in 2013, and for the first four years, its value struggled to reach deserving heights. However, with development and partnership, Ripple pushed the demand for the XRP token. As a result, XRP price surged to its all-time high of $3.31 on January 4, 2018, which has been the highest mark till today.
With the possibility of XRP achieving the $1 mark, its market cap will grow to 55,688,327,582 because of its circulating supply of 55,688,327,582 XRP tokens. This will be twice the current market cap of $26,398,603,379. With that, XRP could beat the USDC, the sixth-biggest cryptocurrency.
#Ripple💰 #Xrp🔥🔥 #XRPGoal #US_Inflation_Easing_Alert #altcoins
"Ripple CEO Exposes CoinDesk's Alarming Misreporting on XRP – The Truth Will Shock You!"
Ripple CEO Brad Garlinghouse criticizes popular crypto news outlet CoinDesk for inaccurately reporting a recent court decision relating to XRP.
Read more on: https://thecryptobasic.com/2024/06/29/ripple-ceo-slams-coindesk-over-inaccurate-report-on-xrp/
#Ripple💰 #XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/06/29/ripple-ceo-slams-coindesk-over-inaccurate-report-on-xrp/
#Ripple💰 #XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
XRP: Rising from the Ashes, Like a Phoenix on the Blockchain
Remember that scrappy underdog, XRP, perennially stuck in the SEC's crosshairs? Well, dust off your spacesuit, because XRP might be ready for a moon landing. Buckle up for a bumpy ride, but one that could end with XRP soaring past the competition.
The SEC Showdown: A Blessing in Disguise?
The long-winded legal battle between Ripple and the SEC has cast a shadow over XRP. But a recent court ruling has crypto enthusiasts buzzing. The judge's decision to grant Ripple access to internal SEC documents could be a game-changer. If it exposes inconsistencies in the SEC's case, XRP could be unshackled, finally free to unleash its full potential.
Similarities to Jupiter's Launchpad
Just like Jupiter's user-friendly "Gravity" platform, a potential SEC victory could propel XRP into the mainstream. With regulatory hurdles cleared, XRP's inherent strengths – fast transactions, low fees, and global reach – could finally shine. Imagine XRP seamlessly integrated into everyday payments, just like Jupiter fosters easy dApp creation.
Is XRP the Sleeping Giant of Crypto?
While Jupiter focuses on empowering developers, XRP has the potential to empower everyone. Imagine a world where your morning coffee is paid for in seconds, with fractions of a penny in fees, thanks to XRP. That's the future XRP could usher in, mirroring Jupiter's goal of a more accessible and inclusive crypto space.
Join the revolution!
The fight for XRP's future is far from over, but the tide seems to be turning. By following us, liking, and sharing this article, you join the movement towards a future powered by innovative cryptocurrencies like XRP and Jupiter. Let's break down the barriers and make crypto a part of our daily lives. What are you waiting for? Join XRP today!
#Xrp🔥🔥 #Ripple💰 #Xrp🔥🔥 #XRPGoal #TrendingTopic $XRP @Ripple Network @EliteDailySignals
P.S While a financial tip of the hat is always appreciated, the truest form of support is engagement. Let's build a crypto community that educates & empowers
Remember that scrappy underdog, XRP, perennially stuck in the SEC's crosshairs? Well, dust off your spacesuit, because XRP might be ready for a moon landing. Buckle up for a bumpy ride, but one that could end with XRP soaring past the competition.
The SEC Showdown: A Blessing in Disguise?
The long-winded legal battle between Ripple and the SEC has cast a shadow over XRP. But a recent court ruling has crypto enthusiasts buzzing. The judge's decision to grant Ripple access to internal SEC documents could be a game-changer. If it exposes inconsistencies in the SEC's case, XRP could be unshackled, finally free to unleash its full potential.
Similarities to Jupiter's Launchpad
Just like Jupiter's user-friendly "Gravity" platform, a potential SEC victory could propel XRP into the mainstream. With regulatory hurdles cleared, XRP's inherent strengths – fast transactions, low fees, and global reach – could finally shine. Imagine XRP seamlessly integrated into everyday payments, just like Jupiter fosters easy dApp creation.
Is XRP the Sleeping Giant of Crypto?
While Jupiter focuses on empowering developers, XRP has the potential to empower everyone. Imagine a world where your morning coffee is paid for in seconds, with fractions of a penny in fees, thanks to XRP. That's the future XRP could usher in, mirroring Jupiter's goal of a more accessible and inclusive crypto space.
Join the revolution!
The fight for XRP's future is far from over, but the tide seems to be turning. By following us, liking, and sharing this article, you join the movement towards a future powered by innovative cryptocurrencies like XRP and Jupiter. Let's break down the barriers and make crypto a part of our daily lives. What are you waiting for? Join XRP today!
#Xrp🔥🔥 #Ripple💰 #Xrp🔥🔥 #XRPGoal #TrendingTopic $XRP @Ripple Network @EliteDailySignals
P.S While a financial tip of the hat is always appreciated, the truest form of support is engagement. Let's build a crypto community that educates & empowers
Ripple CEO Brad Garlinghouse Criticizes SEC Chair Over Comments on Crypto Executives
The post "Ripple CEO Brad Garlinghouse Criticizes SEC Chair Over Comments on Crypto Executives" first appeared on 36crypto.com News.
#Ripple💰 CEO Brad Garlinghouse recently criticized US Securities and Exchange Commission (SEC) Chair Gary Gensler's comments regarding cryptocurrency leaders fearing jail time. Gensler stated that several prominent individuals in the Bitcoin industry are either in jail, soon to be imprisoned, or awaiting extradition. Garlinghouse claimed that Gensler ignored the FTX collapse and accused him of having a solid relationship with FTX founder Sam Bankman-Fried.
Gensler has already received criticism for his connections to Bankman-Fried. Last year, US Representative Patrick McHenry, chairman of the House Financial Services Committee, brought up the subject. Bankman-Fried was sentenced to 25 years in federal prison in March for his role in various fraudulent enterprises. The collapse of the FTX exchange affected hundreds of thousands of customers, leading to widespread criticism of the SEC for not acting sooner.
Ripple CEO's Response to Regulatory Failures
Following the #FTX collapse, Garlinghouse emphasized that authorities should discourage "horrible behavior" to make carrying out scams like FTX more challenging. He chastised the SEC for its slow response, which allowed the calamity to occur. Garlinghouse stated that regulators safeguard the public and preserve market integrity.
In a recent social media post, Garlinghouse commented on Binance's deal with the Department of Justice. He emphasized that the SEC was not involved in the remark, questioning the agency's effectiveness. Garlinghouse's statements highlight his concerns about the SEC's ability to control the cryptocurrency business effectively.
Garlinghouse's criticism of Gensler and the SEC reflects a broader concern among bitcoin industry participants about regulatory oversight. The Ripple CEO's words highlight the need for more proactive and effective regulation to prevent fraud and protect customers. As the cryptocurrency market evolves, regulators like the SEC will play an increasingly crucial role in ensuring a fair and transparent environment for all participants.
#CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide
#Ripple💰 CEO Brad Garlinghouse recently criticized US Securities and Exchange Commission (SEC) Chair Gary Gensler's comments regarding cryptocurrency leaders fearing jail time. Gensler stated that several prominent individuals in the Bitcoin industry are either in jail, soon to be imprisoned, or awaiting extradition. Garlinghouse claimed that Gensler ignored the FTX collapse and accused him of having a solid relationship with FTX founder Sam Bankman-Fried.
Gensler has already received criticism for his connections to Bankman-Fried. Last year, US Representative Patrick McHenry, chairman of the House Financial Services Committee, brought up the subject. Bankman-Fried was sentenced to 25 years in federal prison in March for his role in various fraudulent enterprises. The collapse of the FTX exchange affected hundreds of thousands of customers, leading to widespread criticism of the SEC for not acting sooner.
Ripple CEO's Response to Regulatory Failures
Following the #FTX collapse, Garlinghouse emphasized that authorities should discourage "horrible behavior" to make carrying out scams like FTX more challenging. He chastised the SEC for its slow response, which allowed the calamity to occur. Garlinghouse stated that regulators safeguard the public and preserve market integrity.
In a recent social media post, Garlinghouse commented on Binance's deal with the Department of Justice. He emphasized that the SEC was not involved in the remark, questioning the agency's effectiveness. Garlinghouse's statements highlight his concerns about the SEC's ability to control the cryptocurrency business effectively.
Garlinghouse's criticism of Gensler and the SEC reflects a broader concern among bitcoin industry participants about regulatory oversight. The Ripple CEO's words highlight the need for more proactive and effective regulation to prevent fraud and protect customers. As the cryptocurrency market evolves, regulators like the SEC will play an increasingly crucial role in ensuring a fair and transparent environment for all participants.
#CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide
Beware: 👀Ripple to unlock 1 billion $XRP tokens for July sell-offs
Ripple, the company behind the #XRP Ledger (XRP) development, will unlock 1 billion tokens on July 1, worth $470 million.
#Ripple💰 #Xrp🔥🔥 #CryptoPCEWatch
Ripple, the company behind the #XRP Ledger (XRP) development, will unlock 1 billion tokens on July 1, worth $470 million.
#Ripple💰 #Xrp🔥🔥 #CryptoPCEWatch
Over the past 24 hours, XRP/USDT has shown a bearish trend, with the price dropping by 1.22% to $0.4699.
Trading data reveals that XRP has experienced significant selling pressure, with large and medium sell orders dominating the market. The total volume for the day indicates a substantial movement, showing a strong decline in large inflows, totaling -50,778,666.00 in the last 5 days. This highlights a bearish sentiment among traders, causing an overall net outflow of funds from XRP.
The money flow analysis for the day shows that despite notable buy orders worth 56,664,388.00 XRP, sell orders significantly outweighed them, resulting in a net outflow of -23,029,890.00 XRP. This indicates a cautious stance from investors, likely driven by broader market trends and sentiment.
Given these dynamics, it’s crucial for traders to closely monitor the support levels around the $0.45 mark and keep an eye on broader market movements that could impact XRP’s price action in the short term.
I would advise a cautious approach when investing in XRP coin. Always do your own research and consider the risks involved before making any investment decisions.
#Xrp🔥🔥 #Ripple💰 #XRPPredictions
Trading data reveals that XRP has experienced significant selling pressure, with large and medium sell orders dominating the market. The total volume for the day indicates a substantial movement, showing a strong decline in large inflows, totaling -50,778,666.00 in the last 5 days. This highlights a bearish sentiment among traders, causing an overall net outflow of funds from XRP.
The money flow analysis for the day shows that despite notable buy orders worth 56,664,388.00 XRP, sell orders significantly outweighed them, resulting in a net outflow of -23,029,890.00 XRP. This indicates a cautious stance from investors, likely driven by broader market trends and sentiment.
Given these dynamics, it’s crucial for traders to closely monitor the support levels around the $0.45 mark and keep an eye on broader market movements that could impact XRP’s price action in the short term.
I would advise a cautious approach when investing in XRP coin. Always do your own research and consider the risks involved before making any investment decisions.
#Xrp🔥🔥 #Ripple💰 #XRPPredictions
Despite recent downturns in the cryptocurrency market, several digital assets show strong potential for significant growth in the coming months. As the global cryptocurrency market cap stands at $2.4 trillion with a 2.9% increase in the last 24 hours, certain cryptocurrencies present promising investment opportunities.
Finbold has identified two digital assets likely to reach a market cap of $50 billion by the end of July.
XRP(XRP) $XRP
XRP has been navigating through a challenging phase, particularly with its price consolidating below the $1 mark. Currently priced at $0.4771, XRP has faced resistance at the $0.4820 level, resulting in declines below $0.4750.
However, the asset has shown resilience, rebounding from a low of $0.4619. With recent upward moves clearing the $0.4680 and $0.4720 resistance levels, XRP is recovering and gaining traction.
XRP market cap. Source: CoinMarketCap
The ongoing legal dispute with the United States Securities and Exchange Commission (SEC) remains a significant hurdle, but Ripple’s intensified focus on Central Bank Digital Currencies (CBDCs) could strengthen its market position and drive future growth.
Additionally, XRP saw $0.7 million in investments in a week, indicating growing investor confidence. If the broader cryptocurrency market continues to recover and Ripple makes progress in its legal battle, XRP’s market cap, currently at $26.5 billion, could surge toward $50 billion.#Xrp🔥🔥 #Ripple💰
Finbold has identified two digital assets likely to reach a market cap of $50 billion by the end of July.
XRP(XRP) $XRP
XRP has been navigating through a challenging phase, particularly with its price consolidating below the $1 mark. Currently priced at $0.4771, XRP has faced resistance at the $0.4820 level, resulting in declines below $0.4750.
However, the asset has shown resilience, rebounding from a low of $0.4619. With recent upward moves clearing the $0.4680 and $0.4720 resistance levels, XRP is recovering and gaining traction.
XRP market cap. Source: CoinMarketCap
The ongoing legal dispute with the United States Securities and Exchange Commission (SEC) remains a significant hurdle, but Ripple’s intensified focus on Central Bank Digital Currencies (CBDCs) could strengthen its market position and drive future growth.
Additionally, XRP saw $0.7 million in investments in a week, indicating growing investor confidence. If the broader cryptocurrency market continues to recover and Ripple makes progress in its legal battle, XRP’s market cap, currently at $26.5 billion, could surge toward $50 billion.#Xrp🔥🔥 #Ripple💰
Cryptocurrency enthusiast Armando Pantoja has highlighted Ripple's ongoing expansion and potential adoption of XRP in Thailand.
He shared a letter from Ripple to Thai authorities, indicating negotiations about adopting XRP.
Pantoja noted that Thailand, which recently applied to join the BRICS nations, might link its interest in XRP to other BRICS countries.
Ripple's letter comments on a Thai discussion document titled 'The Future Path of Thailand's Retail Central Bank Digital Currency,' showing Ripple's active involvement in shaping Thailand's digital currency future.
Exciting times ahead for XRP!
#Xrp🔥🔥 #Ripple💰 #Thailand #BinanceTournament
He shared a letter from Ripple to Thai authorities, indicating negotiations about adopting XRP.
Pantoja noted that Thailand, which recently applied to join the BRICS nations, might link its interest in XRP to other BRICS countries.
Ripple's letter comments on a Thai discussion document titled 'The Future Path of Thailand's Retail Central Bank Digital Currency,' showing Ripple's active involvement in shaping Thailand's digital currency future.
Exciting times ahead for XRP!
#Xrp🔥🔥 #Ripple💰 #Thailand #BinanceTournament
Ripple and XRP: Riding the Wave of Momentum and Expansion
Ripple, the company behind XRP, has been making waves in the crypto world! They've been on a roll lately, with XRP experiencing a significant surge in price. It seems like the ongoing legal battle with the SEC might be driving some of the momentum.
In fact, just recently, Ripple CEO Brad Garlinghouse expressed his belief that it's "inevitable" that we'll see XRP ETFs, along with those for other cryptocurrencies like Solana and Cardano.
But that's not all! Ripple has also been expanding its services. They've secured approvals to operate in Georgia and Dubai, and they're even working with the National Bank of Georgia on a digital currency pilot project. Talk about a busy few weeks!
So, it seems like Ripple and XRP are on the rise, with some exciting developments on the horizon. Stay tuned for more updates!
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
#Xrp🔥🔥 #XRPPredictions #Ripple💰
In fact, just recently, Ripple CEO Brad Garlinghouse expressed his belief that it's "inevitable" that we'll see XRP ETFs, along with those for other cryptocurrencies like Solana and Cardano.
But that's not all! Ripple has also been expanding its services. They've secured approvals to operate in Georgia and Dubai, and they're even working with the National Bank of Georgia on a digital currency pilot project. Talk about a busy few weeks!
So, it seems like Ripple and XRP are on the rise, with some exciting developments on the horizon. Stay tuned for more updates!
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
#Xrp🔥🔥 #XRPPredictions #Ripple💰
#Ripple💰 $Ripple
Ripple Wins Partial Summary Judgment in Securities Lawsuit
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse.
Court Ruling on Ripple’s Securities Lawsuit
The U.S. District Court for the Northern District of California issued an order on Thursday regarding the summary judgment motions in the litigation against Ripple Labs and its affiliates. U.S. District Court Judge Phyllis J. Hamilton’s decision addresses multiple claims involving securities law violations, “granting in part and denying in part” the motion for summary judgment. The court document states:
Defendants are granted summary judgment on the federal and state class claims. Defendants are denied summary judgment on plaintiff Sostack’s individual claim under California law.
“This is a securities case,” the court document describes. This case concerns allegations of securities violations against Ripple Labs, XRP II (a subsidiary of Ripple), and Ripple CEO Brad Garlinghouse. Plaintiff Bradley Sostack asserts that Ripple failed to register XRP as a security under federal and state laws and that Ripple and Garlinghouse made misleading statements about XRP.
The court granted summary judgment in favor of Ripple on several claims. Specifically, the court found that the federal securities claims were barred by the statute of repose, which prohibits claims brought more than three years after the security was first offered to the public. Additionally, the court ruled that the state securities claims failed because the plaintiff could not establish privity between the XRP purchasers and Ripple or its agents, as required under California law.
Ripple Wins Partial Summary Judgment in Securities Lawsuit
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse.
Court Ruling on Ripple’s Securities Lawsuit
The U.S. District Court for the Northern District of California issued an order on Thursday regarding the summary judgment motions in the litigation against Ripple Labs and its affiliates. U.S. District Court Judge Phyllis J. Hamilton’s decision addresses multiple claims involving securities law violations, “granting in part and denying in part” the motion for summary judgment. The court document states:
Defendants are granted summary judgment on the federal and state class claims. Defendants are denied summary judgment on plaintiff Sostack’s individual claim under California law.
“This is a securities case,” the court document describes. This case concerns allegations of securities violations against Ripple Labs, XRP II (a subsidiary of Ripple), and Ripple CEO Brad Garlinghouse. Plaintiff Bradley Sostack asserts that Ripple failed to register XRP as a security under federal and state laws and that Ripple and Garlinghouse made misleading statements about XRP.
The court granted summary judgment in favor of Ripple on several claims. Specifically, the court found that the federal securities claims were barred by the statute of repose, which prohibits claims brought more than three years after the security was first offered to the public. Additionally, the court ruled that the state securities claims failed because the plaintiff could not establish privity between the XRP purchasers and Ripple or its agents, as required under California law.
Ripple CEO Exposes Truth Behind Misleading Headlines:What Really Happened in California Court Ruling
Ripple CEO Brad Garlinghouse addresses misconceptions and misleading headlines surrounding a California Judge ruling in the class action about XRP.
Read more on: https://thecryptobasic.com/2024/06/22/big-win-for-xrp-ripple-ceo-addresses-misleading-headlines-on-california-court-ruling/
#Ripple💰 #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
Read more on: https://thecryptobasic.com/2024/06/22/big-win-for-xrp-ripple-ceo-addresses-misleading-headlines-on-california-court-ruling/
#Ripple💰 #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"
