Tag: Ripple

Can Ripple Control The XRP Price? Crypto Analysts Weigh In

The XRP token has attracted much attention, especially because of Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC). This has led to speculations on whether Ripple is able to control the XRP price or not. So crypto analysts have chimed in to share their opinions. No Ripple Effect On XRP? Pro-XRP influencer Crypto Eri stated in a tweet that she doesn’t rely on the “efforts of Ripple” to increase XRP’s value. She suggested that the crypto company hasn’t done much to grow the token as it…

Pro-XRP Legal Expert Takes The Spotlight With Daring Ripple Vs SEC Settlement Theory

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There have been talks about the US Securities and Exchange Commission (SEC) and Ripple Labs reaching a settlement following the ruling that XRP isn’t a security. Following this, Pro-XRP lawyer John Deaton has stated a key factor that could lead to a settlement between both parties. Coinbase’s Motion Key To Settlement In a tweet released on the X (formerly Twitter) platform, Deaton stated that the “only way” the SEC and Ripple can settle this year is if Judge Failla grants Coinbase’s motion to dismiss the SEC’s lawsuit against it.  The…

Ripple counters SEC, says XRP has intrinsic value

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple, in a Sept. 1 court filing, rebuts a regulatory assertion that XRP lacks intrinsic value, emphasizing its role as a bridge virtual asset. In the ongoing legal showdown with the U.S. Securities and Exchange Commission (SEC), Ripple has challenged the agency’s claim that XRP is nothing more than a piece of computer code. Contrary to the interpretation by the regulatory watchdog, Ripple affirms that the court did not make such a ruling.  This clarification sheds…

Ripple legal team opposes SEC appeal over XRP decision

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Lawyers representing Ripple in its lawsuit with the United States Securities and Exchange Commission (SEC) have suggested the regulator hasn’t met the requirements to request an appeal. In a Sept. 1 filing with U.S. District Court for the Southern District of New York, Ripple’s legal team said the SEC’s grounds for an appeal largely rested on “dissatisfaction” with a judge’s decision that the XRP token did not qualify as a security for sales to retail investors. The lawyers said “exceptional circumstances required for interlocutory appeal” were absent in the case,…

SEC Hasn’t Met Requirements to Argue for an Appeal, Ripple (XRP) Says

July’s ruling did not “present a controlling question of law,” and neither did the SEC’s motion for an appeal, Ripple said in Friday’s filing, which added that the regulator hasn’t proven that different judges might disagree with the ruling, or that an appeal would lead to a faster end for the court case – all of which are requirements for the judge to approve an appeal, according to the filing. Source

New Job Listing Indicates What Ripple Is Focusing On Next

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Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting. Ripple Wants Compliance Talent Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as “Web3 Specialist, Global KYC & Due Diligence.” The job which carries an $85,000-$106,000 pay range is…

Ripple Gets Ready To Properly Celebrate Triumph Over SEC

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The Ripple community is currently at the edge of their seats after the company’s founder and CEO made announcements to officially host a party to commemorate the cryptocurrency’s triumph against the US SEC.  Hosting A Grand Celebratory Bash Ripple, a leading global payments network, declared openly on Monday, August 28, its intentions to throw a dedicatory party to honor its win over the United States Securities and Exchange Commission (SEC).  Ripple’s win against the US SEC is not only a positive result for the cryptocurrency, but a significant milestone for…

Western Union Embraces Ripple Blockchain And XRP Token For Enhanced Money Transactions

Global money transfer powerhouse Western Union is boldly venturing into the dynamic and rapidly evolving realm of cryptocurrencies, marking a significant and strategic move in its financial landscape. With a storied history of facilitating seamless cross-border transactions, Western Union’s decision to enter the highly-stacked cryptocurrency arena underscores its commitment to innovation and adaptability in an ever-changing financial ecosystem. This strategic move was unveiled by CEO Hikmet Ersek during an analyst conference call, where he revealed Western Union’s active exploration of integrating Ripple’s blockchain technology and its native digital asset, XRP.…

Pantera CEO Calls Ripple Victory A Black Swan, But Is It Bad?

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A recent release suggests that Pantera CEO Dan Morehead may have predicted the impact of a Ripple victory long before it occurred.   Ripple Victory: A “Positive Black Swan” Speaking at the Bloomberg Invest Panel, held back in June, Morehead was quizzed about what “black swans” the world should expect next, considering that we had just recently experienced a pandemic, complete shutdown, and financial crisis due to the pandemic.  Morehead responded and stated that we already had the “massive shoes drop last year,” most likely in reference to the events surrounding…

Experts Explain Why SEC’s Interlocutory Appeal In Ripple Case Was A Mistake

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The United States Securities and Exchange Commission (SEC) recently filed an interlocutory appeal following Judge Analisa Torres’ ruling in favor of Ripple. However, an attorney and crypto enthusiast Greg Beuke believes the SEC made a mistake in appealing the decision.  SEC Misunderstood Judge Torres’ Ruling  Reacting to the news that the SEC had filed a motion to certify an interlocutory appeal, Beuke stated that the regulator “fundamentally misunderstands” the ruling. According to him, the Judge didn’t rule programmatic sales cannot constitute investment contracts.   He explained that Judge Torres only ruled…