Key Takeaways: The SEC-Ripple dispute is now about the agency’s image and reputation, as well as business and profits for the corporation. The US Securities and Exchange Commission has filed a joint report with the Virginia Eastern District to postpone…
Key Takeaways: Judge Sarah Netburn was informed that the SEC intends to appeal the court’s recent deliberative process privilege ruling, requesting additional time. The agency has noted that the defendants are willing to move to summary judgment in the absence…
Key Takeaways: A class-action lawsuit has been filed against former Securities and Exchange Commission Chairman Jay Clayton and executive Bill Hinman. In a significant development, Clayton and Hinman are accused of plotting to destroy Ripple. A class-action lawsuit has been…
Key Takeaways: The fate of cryptocurrencies is in the hands of the US Securities and Exchange Commission (SEC), which has filed a lawsuit against blockchain developer Ripple Labs Inc. Ripple is accused of raising approximately $1.3 billion through illegal means,…
Key Takeaway: The Clearing House, a well-known Ripple partner, is collaborating with Wells Fargo on a cross-border payments system. It is “particularly built to serve digital commerce” and may eventually replace SWIFT. The Real-Time Payments (RTP) Service system would allow…
Key Takeaways: The Court asks SEC to reveal Hinman’s email regarding Ethereum to Ripple. SECs’ arguments regarding the documents were partly agreed to and partly denied. XRP is yet to be determined as security. The crypto industry dodges a blow…
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