Tag: Ripple News

The XRP holder has been in a good time over the past few days as the Ripple’s token begins rallying up to over 50% point. XRP Rallying On this new development, the popular YouTuber Ben Amstrong has taken to his Twitter handle saying that the XRP is rising for many reasons. He further said that Ripple’s token has spiked over 50% in the past 7 days because the Securities and Exchange Commission (SEC) has given up on its quest to prove that the coin is a security. Read Also: Six Dogecoin Whales Jointly Purchased A Whopping 620 Million Worth About $37.2 Million, Dogecoin Spikes By 5.13% Over the Past Week The prominent YouTuber said that Ripple’s proponents are now certain that the worst scenario Ripple’s XRP could experience assuming its blockchain company lost the lawsuit agains...

The Ripple’s General Counsel, Stuart Alderoty, recently slams the SEC chair for always enforcing the crypto industry. Stuart Alderoty stated in his Politico Live interview that the regulatory uncertainty of the U.S. crypto industry, particularly the SEC chairman, Gary Gensler’s overreach in the sector. Read Also: Shiba Inu's Burn Rate Spikes By 1502% As Over 132 Million SHIB Is Burned In The Last 24 Hrs https://twitter.com/POLITICOLive/status/1572311538567897096 Recall, the SEC chair once stated that Bitcoin is the only cryptocurrency while every other is security. Following Gensler’s claim, Ripple’s General counsel reacted by saying that he was ignorant of any nomination in the crypto space that led to the choosing of the SEC as the cop on the beat for crypto. Read Also:...

Stuart Alderoty, Ripple General Counsel recently slammed the SEC Chairman, Gary Gensler, for his interpretation of the Supreme Court’s Security Test. Gary Gensler Misterpretes The US Supreme Court Test Ripple’s General Counsel shun SEC Chairman, Gary Gensler for misinterpreting the U.S Supreme Court test to determine what should be a security. Stuart Alderoty stated in the tweet that Gary could not ascertain why Gensler misstated the Supreme Court’s test. Read Also: Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live Alderoty was thoughtful about whether Gensler misstated the test intentionally or if the misinterpretation was because the SEC chair did not understand the law. Alderoty posed a question to his followers to determine which of the scenarios could be worse.&n...

Following the approval of Magistrate Analisa Torres for Ripple and SEC to go ahead with filing of the motions under seal regarding the summary judgement, the Ripple defendants filed under seal their motions for summary judgement and a memorandum of law in support of the summary judgment. As seen in the document, Ripple also filed a Rule 56.1 statement, 106 exhibits, and a declaration of a statement made by Michael K. Kellogg, the prominent American author.  Read Also: Binance Owned Trust Wallet Announces Its Support For Solana dApps https://twitter.com/FilanLaw/status/1569823665591840768 On the same premise, the SEC also filed its motion for summary judgement against Ripple and individual Defendant under seal and more, US commission filed a sealed copy of the declaratio...

According to the tweet by James K. Filan, Judge Netburn has granted the Ripple in a text-only order to serve two non-party Subpoenas to authenticate seven videos of the SEC official's remark and ignored the SEC’s motion to reopen fact recovery. https://twitter.com/FilanLaw/status/1559018306048229377 Recall, the order by the court directed the parties to meet far back as the July 19th to confer on the request of admission asking SEC to authenticate the seven specific videos of its officials’ public remark and this required a downloaded version of the videos for the sake of authentication and preservation. Read Also: Shiba Inu And Its Governance Token, BONE ShibaSwap Is Now In The List Of Top 10 In Asia, The USA, And Canada. Read Also: XRP Holders Are Tagged "The Leader Of The...