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Tag: Ripple Executives

SEC Heats Battle with Ripple, Demanding Financial Statements and Raising New Claims
Ripple News

SEC Heats Battle with Ripple, Demanding Financial Statements and Raising New Claims

The ongoing saga between the Securities and Exchange Commission (SEC) and Ripple Labs took a sharp turn this week as the SEC filed a motion in federal court demanding access to Ripple's financial statements for 2022-2023 and post-complaint contracts governing institutional XRP sales. This escalation suggests a new phase in the legal battle, potentially focusing on transactions after the initial lawsuit was filed in December 2020. Read Also: Terraform Labs Founder Do Kwon Fights Extradition, Delays US Trial https://twitter.com/FilanLaw/status/1745512272313606586 Key Points of the SEC's Motion Financial Statements: The SEC seeks Ripple's financial statements for the past two years, potentially aiming to assess the impact of post-complaint XRP sales on the company's finances. I...
Ripple Secures VASP License in Ireland, Expanding Financial Operations
Ripple News

Ripple Secures VASP License in Ireland, Expanding Financial Operations

In a significant development, Ripple has been granted yet another financial license, marking a strategic move further to enhance its capabilities in the digital asset space. The newly acquired VASP (Virtual Asset Service Provider) license, issued by the Central Bank of Ireland, opens the door for Ripple to engage in various financial activities, solidifying its position in the evolving blockchain and cryptocurrency landscape. Read Also: Shiba Inu Experiences Surge in Price Amidst Staggering Whale Transactions https://twitter.com/HighVibeAssets/status/1741984296225628286 The VASP license obtained by Ripple encompasses a spectrum of financial services, including: Transfer of Digital Assets: Ripple is now authorized to facilitate the seamless transfer of digital assets, providin...
Ripple Celebrates 1 Year Anniversary with Over 500 Companies Leveraging XRP for Cross-Border Settlements
Ripple News

Ripple Celebrates 1 Year Anniversary with Over 500 Companies Leveraging XRP for Cross-Border Settlements

Ripple, a leading cryptocurrency payments firm, marked its one-year anniversary with a revelation of the widespread adoption of its payment solutions for cross-border settlements. The disclosure was made by Ripple's spokesperson during the Ripple Payment Roadshow hosted by the Australian Trade & Logistics Corporation (ATLC) in Melbourne. Ripple has been a pioneer in shaping the landscape of cross-border payments through its innovative solutions. During the event, it was emphasized Ripple's commitment to utility and highlighted the company's focus on providing tangible use cases for its technology. "Ripple believes in utility. Ripple has always taken that baseline technology, and we’ve said from the beginning that every technology needs a use case. For us, the very clear use case is ...
Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance
Ripple News

Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance

In a recent turn of events surrounding the Ripple v. SEC case, Australia-based lawyer Bill Morgan has taken issue with Fox Business Senior Correspondent Charles Gasparino's criticism of Ripple's legal victory and its impact on XRP's price performance. Gasparino, known for his outspoken views, particularly targeted the soundness of Judge Analisa Torres' verdict and described it as "idiotic." https://twitter.com/Belisarius2020/status/1725670335109107903 Charles Gasparino Criticized for Dismissing Judge Torres' Ruling Gasparino's critique focused on Judge Torres' decision to provide partial victories to both the SEC and Ripple, referring to it as "splitting the baby." He went on to assert that this decision had made the U.S. District Court of the Southern District of New York a laughing ...
Opportunity for Crypto Community to Invest in Ripple’s Pre-IPO Shares Reopens on Linqto Platform
Ripple News

Opportunity for Crypto Community to Invest in Ripple’s Pre-IPO Shares Reopens on Linqto Platform

Cryptocurrency enthusiasts and XRP supporters are once again being allowed to acquire Ripple's stock in advance of the company's eagerly anticipated initial public offering (IPO). Following the success of their initial offering, the pre-IPO investment platform Linqto has announced that they are reopening the sale of Ripple equity shares to the crypto community. Read Also: Shibacals Announces Exciting Updates for Shiba Inu Community https://twitter.com/linqtoinc/status/1712251770376798243 In a recent statement, Linqto emphasized its commitment to democratizing access to private market investments for all investors, stating, "Ripple shares are now available on Linqto! We remain committed to democratizing access to private market investments to all investors." The Journey So Far Li...
Judge Rejects SEC’s Interlocutory Appeal in Ripple Lawsuit, Trial Set for 2024
Ripple News

Judge Rejects SEC’s Interlocutory Appeal in Ripple Lawsuit, Trial Set for 2024

In a significant development in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres of the Southern District Court of New York has rejected the SEC's motion for an interlocutory appeal. This decision marks a crucial victory for Ripple and the XRP community. An interlocutory appeal, a rare legal manoeuvre in civil procedure, allows parties to appeal a trial court's ruling while other aspects of the case continue. Judge Torres's denial of the SEC's motion means that the regulator will have to wait until the lawsuit's conclusion before filing an appeal if deemed necessary. This decision is seen as a positive development for Ripple, as it prevents potential delays that could have resulted from a stay of proceedings. https://...
RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit
Ripple News

RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit

In a recent interview at the Apex Dev Summit in Amsterdam, Marcus Infranger, Vice President of RippleX Growth, shed light on the remarkable state of the XRP Ledger (XRPL) and the continuous developments in the XRPL ecosystem poised to strengthen its position in the blockchain industry. Scalability and Speed: XRPL's Key Strengths Infranger emphasized two critical aspects of XRPL's performance: interoperability and scalability. He lauded XRPL as one of the most scalable and efficient blockchain networks in existence. "Transactions happen in 3 to 5 seconds, very reliably for over a decade," he proudly stated. Read Also: Shiba Inu's Shibarium Gears Up for Significant Developments, Renouncing BONE Contract Marks Milestone Last October, SpendTheBits, a payment platform operating on XRPL,...
Attorney John Deaton Unveils Trio of Major Announcements, Featuring Steven Nerayoff Interview, Crypto Payment Solution Role, and Book Release
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Attorney John Deaton Unveils Trio of Major Announcements, Featuring Steven Nerayoff Interview, Crypto Payment Solution Role, and Book Release

Attorney John Deaton, a well-known legal figure within the crypto space and Managing Partner at Deaton Law Firm, has delivered on his promise of a "big announcements." Less than 48 hours after teasing his nearly 300,000 followers with three hints, Deaton took to the stage to unveil three significant developments in a live video broadcast. Steven Nerayoff Interview on Crypto-Law TV In a move that has piqued the curiosity of many, Attorney Deaton announced that Steven Nerayoff, an early advisor to the Ethereum network, would be featured as a guest on Crypto-Law TV. Nerayoff had recently found himself at the centre of a debate regarding Ethereum's Initial Coin Offering (ICO). Read Also: Shiba Inu's Shibarium Gears Up for Significant Developments, Renouncing BONE Contract Marks Milestone ...