Ripple News Archives - Page 10 of 10

115.3 Million XRP Sent by Ripple and Large Exchanges to This Destination

27Apr

By Cryptolifedigital1 Comment

Cryptocurrency

115.3 Million XRP Sent by Ripple and Large Exchanges to This Destination

Ripple fintech giant and a couple of large digital exchanges have moved a whopping 115.3 million XRP coins with the San Francisco-based tech firm moving more than half of the total amount. Ripple moves 70 million XRP out of 115 to its ODL platform Approximately 15 hours ago, the Ripple blockchain behemoth was spotted making two substantial transfers of 70 million XRP in total. These transactions carried 50,000,000 and 20,000,000 of Ripple-affiliated tokens. Read Also: Ripple vs SEC: Resolution Probably to Come in 2023 As Stated by Ripple’s Stuart Alderoty As stated by Bithomp XRP-focussed data provider, one of Ripple's reserve wallets—RL18-VN—was engaged in both transactions. It was the destination for 50 million XRP and, from it, 20 million coins were sent to Coins. ph, a Rip...

Ripple vs SEC: Resolution Probably to Come in 2023 As Stated by Ripple’s Stuart Alderoty

23Apr

By Cryptolifedigital2 Comments

Cryptocurrency

Ripple vs SEC: Resolution Probably to Come in 2023 As Stated by Ripple’s Stuart Alderoty

Stuart Alderoty, general counsel at Ripple, has recently explained why the resolution of the SEC’s lawsuit against Ripple may not play out in 2022 as expected. In a series of tweets on April 22nd, Alderoty thanked all those who have been watching as things unfold and supporting the course of Ripple and XRP in the ongoing case. Read Also: Bitcoin Tribalism Holds the Entire Crypto Market Back Says Ripple CEO Reacting to James K. Filan’s update, Stuart Alderoty tweeted, “To all that have been following the case thus far – thank you. Know that Ripple is pushing hard (and the Court is working hard) to resolve the case as soon as possible, despite the SEC time and again doing everything they can to delay.” https://twitter.com/s_alderoty/status/1517616828574576649 Ripple SE...

Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report

23Apr

By Cryptolifedigital2 Comments

Cryptocurrency

Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report

Whale Alert crypto tracking bot has detected three XRP transactions, carrying a total of 512.1 million XRP. They were conducted by Ripple fintech behemoth and wallets which Whale Alert tagged as “unknown”. Record amounts of XRP on the move In the last twenty hours, three staggering chunks of XRP have been transferred, according to the tweets posted by the crypto tracker mentioned above. Ripple giant moved 50 million XRP – the smallest lump of these three – to its reserve wallet RL18-VN often used for transferring crypto beyond the company – to charities, exchanges, and financial institutions. The other two chunks of Ripple-affiliated tokens contained 226,439,980 and 235,725,280 XRP worth $163,244,540 and $170,121,600. The total equivalent of the shifted XRP amount co...

Ripple Scores “Very Big Win” as SEC’s reconsideration for ruling DPP was declined by the Judge.

12Apr

By Cryptolifedigital1 Comment

Cryptocurrency

Ripple Scores “Very Big Win” as SEC’s reconsideration for ruling DPP was declined by the Judge.

U.S. Magistrate Judge Sarah Netburn has denied the Securities and Exchange commission's motion for reconsideration of the deliberate process privilege (DPP) ruling. James K. Filan, the former federal prosecutor, claims that it is a very big win for ripple in a tweet. https://twitter.com/FilanLaw/status/1513650057563754497 As reported by U.Today, the court ordered the SEC to turn over an email with a draft of the infamous Ethereum speech that was given by former top SEC official William Hinman among other documents. Back in June 2018, Hinman said that Ether, the token underpinning the largest network, wasn’t a security, at a conference in San Francisco. Read Also: Savy trader Peter Brandt declares the time he will add laser eye to his tweeter picture. The sec claim...