Friday, December 9

Tag: SEC

XRP Is The Only Asset Among The Top 15 Cryptocurrencies That Turns Green With A Gain Of 8.59% Over The Past 24 Hours. What Do We Expect After Nov 30?
Ripple News

XRP Is The Only Asset Among The Top 15 Cryptocurrencies That Turns Green With A Gain Of 8.59% Over The Past 24 Hours. What Do We Expect After Nov 30?

Ripple’s XRP has been reacting green in terms of price as the cotton is being drawn to a close on the ongoing lawsuit between the Ripple and United State commission. The ideology of the community of Ripple is getting the XRP back on its feet again which could only be possible by the settlement from the SEC. The expectation is a good one as it can provide ample support for XRP’s recent campaign to $0.45 following the conquest of the $0.40 price level. Read Also: American Air And Canada Air Is Now Available For Booking With Shiba Inu Via FCFPay. Court To Decide On The Ripple And SEC By Nov 30 As the broader cryptocurrency community anticipates the details of the reply briefs from Ripple Labs and the SEC on November 30, XRP has been making silent moves amidst a bearish market. Al...
Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.
Ripple News

Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.

The leading blockchain company, Ripple, waxes stronger daily as new companies like Coinbase, Valhi Capital, and Crypto Council requested to file Amicus Briefs in favour of Ripple in the ongoing lawsuits. The new development was shared by former federal prosecutor cum defence lawyer James K. Filan in the last 24 hours. One of the top exchanges, Coinbase, filed an amicus brief highlighting that as a US-based exchange, the legal action brought against Ripple by the US SEC forced it and other US exchanges to delist XRP, triggering a $15 billion loss in its market value which Coinbase’s customers felt.  Read Also: Dogecoin Spikes Following Elon Musk's Acceptance Of Twitter Deal. https://twitter.com/FilanLaw/status/1587207108692418564 Coinbase, Valhi Capital, And Crypto Council...
Ripple Says SEC Has No Legal Proof To Qualify XRP As A Security
Ripple News

Ripple Says SEC Has No Legal Proof To Qualify XRP As A Security

In a recent update, Ripple has filed an opposition against the SEC’s summary judgement motion, saying SEC has no legal proof to call XRP security. Ripple noted that SEC wants to use its summary judgement motion in the ongoing lawsuit to aid its journey to an area of no jurisdiction. It is surprising that till now, there is no legal proof from the SEC that make the XRP a security as noted by Ripple. Ripple further added that SEC’s summary judgment motion did not point to any “investment contract” issued and sold by Ripple. Read Also: Brad Garlinghouse Discovers The Cunning Act Of SEC In Handling Over The Hinman Document, He Says "Don't Believe Them": Here's Why Per Ripple’s comment; “The theories that the SEC does advance are insufficient to prove its case and are internally i...
Ripple’s Enthusiasts Say SEC  Has No Focus In The Ongoing Lawsuits: Detail
Ripple News

Ripple’s Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail

In the recent statement of the attorney Deaton, the attorney representing the amicus status slams the SEC, saying SEC has no focus on its current lawsuits against the blockchain company. It is no news that many companies have been filing an amicus brief in support of Ripple in the ongoing lawsuits against the SEC, but the refusal of the UC commission has not met any calmness on the side of the Ripple enthusiasts who reacted against the uncertainty in the SEC’s proof against XRP. SEC Disagrees With Filing Of Amicus Brief By Third Parties it was previously reported that the SEC has blatantly refused the filing of the amicus brief of the I-Remit and TapJets that recently support Ripple in the ongoing lawsuits against Ripple. In this regard, SEC says; “Indeed, movants do not and c...
Ripple And SEC Jointly File Against Third Parties To Avoid any Delay
Ripple News

Ripple And SEC Jointly File Against Third Parties To Avoid any Delay

According to the recent tweet by attorney James, the two parties have filed a request that any motions by third parties to seal portions of the parties’ judgement filing be filed subject to the court’s September 12th, 2022 order. Ripple and SEC did this to avoid being dragged by third parties Read Also: A whopping 270,000+ Ethereum Were Sent To Central Exchanges Within The Space Of Two Hours Ripple and SEC To Avoid Being Dragged By Third Parties Regarding the request, Ripple and SEC want all sealing motions to the summary judgement filings made by third parties to be due by December 9, 2022. Additionally, oppositions to these sealing motions are expected to be filed no later than December 22, 2022. “The parties respectfully submit this joint application to request that any mot...
Magistrate Analisa Torres Approves Ripple’s And SEC’s Proposal To File Motions Under Seal, Ripple vs. SEC Lawsuit Approaches Summary Judgment 
Ripple News

Magistrate Analisa Torres Approves Ripple’s And SEC’s Proposal To File Motions Under Seal, Ripple vs. SEC Lawsuit Approaches Summary Judgment 

Judge Torres Analisa who is one of the presiding Judges in the case between Ripple versus SEC, has approved the parties’ combined scheduling proposal governing all sealing issues concerning the upcoming summary judgement. The new development was shared by attorney James K. Filan, saying that Magistrate Analisa Torres permitted the request on September 12, 2022, as the parties prepared to file all materials relating to the summary judgment motions.  Read Also: LUNC 1.2% Tax Burn proposal Has A Support Of 99.97% Vote, No Doubt, The Proposal Goes Live On 20th September 2022 People's Reaction Is Prompted As Judge Torres Approves Parties' Proposal To File Under Seal Following this grant to sealing issues regarding the summary judgement, the people’s reaction has been prompted....
Various Disputes Present In The Process Of Being Briefed: Ripple Versus SEC
Ripple News

Various Disputes Present In The Process Of Being Briefed: Ripple Versus SEC

Attorney James K. Filan tweeted a page containing an abridged update of the lawsuits between Ripple and SEC. https://twitter.com/FilanLaw/status/1567207255971332097 A page document shared by James stated that there are still several disputes that are in the process of being briefed. Read Also: Vasil Node Candidate, Version 1.35.3 Nowe Produces 94% Of The Block And Four Different Exchanges Disclosed Their Readiness For Vasil .blockspare-1685ff01-b7e8-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-1685ff01-b7e8-4 .blockspare-image-wrap{background-image:} In the document, several disputes were ...
SEC And Ripple Jointly File A Reply To The Responses To The Motion To Seal Expert Testimony
Ripple News

SEC And Ripple Jointly File A Reply To The Responses To The Motion To Seal Expert Testimony

SEC and Ripple jointly filed a reply to the responses to the motions to exclude the expert testimony. As stated in the letter, they will be filed under seal until the sealing issues are briefed. As stated in the letter tweeted by James K. Filan, SEC and Ripple submitted a joint application to request a briefing schedule for motions to seal portions of the parties’ filing in connection with their motion to exclude the expert testimony. Read Also: Ripple's Counsel, Stu Alderoty Hits Back On Gary Gensler For Protecting SEC's Turf At The Expense Of Over 40M American Crypto Economy https://twitter.com/FilanLaw/status/1564766996872548358 Recall, that the opposition to the exclusion is due on the 9th of August, 2022 while its replies are due on the 30th of August, 2022. .blocksp...
Ripple’s Counsel, Stu Alderoty Hits Back On Gary Gensler For Protecting SEC’s Turf At The Expense Of Over 40M American Crypto Economy
Ripple News

Ripple’s Counsel, Stu Alderoty Hits Back On Gary Gensler For Protecting SEC’s Turf At The Expense Of Over 40M American Crypto Economy

The SEC’s chairman, Gary Gensler, was slammed by Ripple’s Counsel, Stu Alderoty, saying that the crypto regulator market Shakedowns are not protecting consumers. As stated in the August 28th opinion piece on Wall Street dubbed “The SEC Wants to Be America’s Crypto Cop,” the Ripple’s Counsel claimed the SEC is downcasting his fellow regulators instead of focusing on providing regulatory clarity for crypto. Read Also: ZokshPay, A Canada-based Payment Solution, Now Supports BabyDogeCoin https://twitter.com/s_alderoty/status/1564275147841871878 In the piece tweeted by Ripple’s Counsel, Stu Alderoty, he cited an instance of the recent Shakedown of BlockFi by the SEC, which resulted in the company ending “up on the auction block” and two other similar companies going “belly up," a...
SEC Says It’s Unopposed To The Ripple’s Request Of Sealing The Expert Testimonies
Ripple News

SEC Says It’s Unopposed To The Ripple’s Request Of Sealing The Expert Testimonies

In a recent SEC letter, it revealed its intention on the recent Ripple request to seal the identities of third parties regarding motions to exclude expert testimonies. The update was made known by attorney James K. Filan on his Twitter handle: https://twitter.com/FilanLaw/status/1563231795772289024 It all started when Ripple and two of its executives seek to make a motion under three categories of information submitted by the parties opposing the motions to exclude expert testimonies. Read Also: MEXC Global Accumulates A Total Of 11,633,237 BONES And Launch A Prize Event Exclusively For BONE .blockspare-b463b79a-f796-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin...