Friday, December 9

Ripple News

Ripple’s Partner, QNB is Connected With The China Bank Via RippleNet
Ripple News

Ripple’s Partner, QNB is Connected With The China Bank Via RippleNet

As stated by a Twitter handler, Navin Gupta, a connection is established between Ripple Partner, QNB with the China Bank, on the top private universal banks in the Philippines via RippleNet. https://twitter.com/GulfTimes_QATAR/status/1551224422614302720 As stated by Gulf-Times, the new partnership will allow the bank’s users to have an easy remittance process as well as a fast and enhanced cross-border transfer option. Through this service, the Filipino people in Qatar would be able to send instant funds which are up to PHP50,000 to any bank within the Philippines. According to the Navin Gupta, the Managing Director, South Asia, and MENA, at Ripple: "QNB is our biggest partner in the MENA region and we are delighted to continuously strengthen this partnership on RippleNet to...
The Magistrate Judge Netburn Denied SEC’s Objection To Unveiling The 2018 Hinman Speech Documents
Ripple News

The Magistrate Judge Netburn Denied SEC’s Objection To Unveiling The 2018 Hinman Speech Documents

In a tweet by the attorney James F. Kilan, the SEC has requested permission to file a 30-page opening brief and a 10-page reply brief in support of the SEC’s Objections to Magistrate Judge Netburn’s Ruling Order for the SEC to unveil the Hinman speech documents. https://twitter.com/FilanLaw/status/1550182769933910019 The Ripple's defendant opposed these requests, SEC initially sought leave to file an objection to all relating to the speech drafts in a single brief which the court granted. After the grant from the court, SEC has to file a 30-page memorandum of law in support of its objections,10 pages which are more than the court’s practice unless allow, and much more the SEC filed another 10-page reply brief within seven days of the defendants’ response to the SEC upcoming obj...
Rep. Sherman Did Not Admit The Fox Report On His Comments On XRP
Ripple News

Rep. Sherman Did Not Admit The Fox Report On His Comments On XRP

Rep. Sherman refuted the FOX report on his comments on XRP. Recall, FBN’s Gasparino once stated that Rep. Sherman displayed a kind of confidence that SEC would win the lawsuit against Ripple. According to the FBN report, Sherman notified the SEC to expand the lawsuit to include cryptocurrency exchanges that facilitated the trading of XRP across their various platforms. As reported by Crytpolifedigital, the Ripple executives reacted to the comments made on Tuesday by Brad Sherman, D-California, where he said the SEC should still go after the crypto exchanges transacting the Ripple token, XRP. Read Also: Ripple User, Airwallex To Launch Its Online Payment App on Shopify. Read Also: Blockchain-based Metaverse And Web3 Platforms To Form An Open Alliance For Web3 To Settle Interop...
Ripple User, Airwallex To Launch Its Online Payment App on Shopify.
Ripple News

Ripple User, Airwallex To Launch Its Online Payment App on Shopify.

Airwallex, a leading financial technology for modern businesses growing beyond borders announced the launch of its Airwallex Online Payment App on Shopify. The Airwallex is a Ripple user, it partnered with Ripple’s enterprise blockchain network, RippleNet, in 2017 to modernize international payments, leveraging the strength of blockchain. https://twitter.com/WKahneman/status/1549999276830273536 Facts About Airwallex The Airwallex Online Payment Apps is a payment gateway plugin that merchants can integrate into their online store to accept payments from their global customers. The new app offers through the Airwallex payment covers a wide range of payment methods such as Visa, MasterCard, and UnionPay bank cards, and 30+ other local payment methods across the Asia-Pacific and...
Defendant In The Ripple’s Case claims that the SEC agency trying to “suppress public criticism of its experts’ opinions.”
Ripple News

Defendant In The Ripple’s Case claims that the SEC agency trying to “suppress public criticism of its experts’ opinions.”

The Ripple case’s defendant has accused the U.S. SEC of taking an "extreme stance" on expert reports. In the late letter posted on James K. Filan’s Twitter page, Addressing Judge Analisa Torres, they claim that the plaintiff is attempting to slow down any "substantive criticism." Read Also: Holders Expect Price Surge As Weekly Ethereum Outflows Hit The 14-month Lows Of Only About 2,396.131. https://twitter.com/FilanLaw/status/1546314854658629632 Recall, in late May, attorney John Deaton of the Deaton Law Firm filed a case letter to ask the Judge to permit him to file a brief on behalf of tens of thousands of XRP holders. The motion came as a shock to Patrick B. Doody, the SEC’s expert witness, preparing a report on the XRP holder's drive to buy the controversial token. Fas...
Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added
Ripple News

Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added

As stated on James K. Filan’s Twitter page, the attempt of Ripple to add two attorneys to its legal team in the ongoing lawsuit against the SEC was denied. The move instigated by Kellogg Hansen, Kylie Kim, and Clayton Masterman, was denied because the duo did not comply with local rules. Read Also: MicroStrategy CEO Tweeted "You know someone who doesn't know Bitcoin" As Bitcoin Starts Picking. https://twitter.com/FilanLaw/status/1544382161758953472 As stated by James K. Filan, the motion was not accepted because the Attorneys’ affidavit was not notarized. https://twitter.com/FilanLaw/status/1544689699150856194 Following the court’s denial of the Ripple attempt, Ripple did not waste time further before filing an amended motion for admission to Pro Hac Vice. Pro hac vice ...
Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources
Ripple News

Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources

According to the copy of a request posted on James K. Filan’s Twitter page, the SEC is seeking leave to file a big motion that will limit or exclude 10 testimony of the Ripple’s expert. According to the court order on April 28th, the Plaintiff Security and Exchange Commission seek to leave to file one big motion of 120 pages long, to conserve the Judicial and SEC resources. As stated in the letter filed by SEC, they want to abridge the testimony of 10 experts previously retained by the defendant, Ripple, Bradley Garlinghouse (the current CEO of Ripple), and the former CEO Chris Larsen. Read Also: Still On The Elon Musk's Promise; Musk's Vegas Loop Company Starts Accepting Dogecoin As Payment For Rides. https://twitter.com/FilanLaw/status/1544799367554637826 Good to know t...