Ripple case as the SEC must file its appeal-related opening brief by Wednesday, January 15. In October 2024, the SEC filed its Notice C, challenging the Programmatic Sales of XRP ruling.
Of the most consistent cryptocurrency in terms of its market cap ranking, XRP +0.46%, has been all over ever since 2020, when the SEC filed a case against its parent company, Ripple Labs. Despite the ...
The SEC challenges a court ruling that XRP sales to retail investors were not investment contracts. The SEC argues Ripple’s messaging created profit expectations across all XRP investors. Ripple’s CEO ...
Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...
In its appeal, the SEC argued that XRP buyers, including retail investors, would have expected a profit due to what it claimed was Ripple’s promotional efforts of the token. It claimed Ripple ...
On the eve of the 2024 presidential election, XRP was worth $0.50. Since then, it has exploded in value. This week, the token came within inches of its all-time high price of $3.40, hitting $3.38 ...
In a July 2023 ruling, Judge Analisa Torres of the US District Court distinguished between XRP sales, determining that those on exchanges were not securities, but sales to institutional investors were ...
XRP is gaining as a key legal deadline arrives. Jan. 15 is the final day for the SEC to decide whether to move forward with its case against Ripple, the company behind XRP. The SEC is moving ...
As investors watch the cryptocurrency market for massive returns, one question remains: Can Ripple (XRP) rise to $100 under Donald Trump, or is it better to focus on the blockchain star Rexas Finance ...