Big Development in the Ripple (XRP) Case

Takeaways~ Ripple denied access to SEC employees financial records Setback for Ripple as it would’ve exposed whether SEC employees were trading XRP Ripple has accused SEC of abusing government privilege to hide disclosure Lawsuit moves to next stage as ‘discovery’ concludes According to reporting, a New York federal magistrate judge declined to force the SEC […]

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Judge Orders Ripple to Comply With SECs New Discovery Requests Concerning XRP

A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory regarding the amount of XRP institutional sales proceeds it received after the SEC complaint was filed. Judge Grants SEC’s Motion Against [...]

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XRP ETF Approval Unaffected by Lawsuit as Institutional Demand Rises

According to a top legal expert, the XRP ETF approval process remains unaffected by the ongoing Ripple vs. SEC lawsuit. Nasdaq has filed listing applications for XRP and Litecoin ETFs, indicating growing institutional interest in digital assets. Meanwhile, Bloomberg analysts estimate a 65% chance of XRP ETF approval in 2025, fueling investor optimism. XRP ETF […]

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Ripple XRP Case: SEC Moves To Appeal Court Ruling

In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets.  The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined [...]

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Ripple Faces Appeal Over $210K Bill Amid XRP Lawsuit Drama

The legal battle involving Ripple Labs Inc. and its lead plaintiff in the XRP lawsuit continues to make headlines. The U.S. Court of Appeals for the Ninth Circuit is now reviewing an appeal filed by lead plaintiff Bradley Sostack. This appeal challenges XRPs $210,591.52 bill of costs, awarded after the district court ruled in favor […]

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Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months

Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still [...]

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