XRP Lawsuit update: SEC Commissioners' 'gift' to Ripple might have this effect

The United States Securities and Exchange Commission [SEC] pulled up Ripple and its executives for allegedly raising funds through the sales of unregistered securities back in December. Now, while theThe post XRP Lawsuit update: SEC Commissioners' 'gift' to Ripple might have this effect appeared first on AMBCrypto.

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XRP Lawsuit update: Ripple, SEC finally come to an 'understanding,' but why?

Ripple Labs and the United States Securities and Exchange Commission [SEC] have arrived at an "understanding" as far as the upcoming Hinman deposition is concerned. The two parties are in the news todThe post XRP Lawsuit update: Ripple, SEC finally come to an 'understanding,' but why? appeared first on AMBCrypto.

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Ripple Execs Use SEC Commissioners’ Recent Comments To Support Request For Dismissal Of Securities Lawsuit

For the SEC, the plaintiff in the XRP securities lawsuit, the hits just keep coming. This time, attorneys representing CEO Brad Garlinghouse and Executive Chairman Chris Larsen have filed a new defense that cites remarks recently made by the regulator’s commissioners’ to boost their motions to dismiss the ongoing securities lawsuit. A Portent Of Doom […]

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XRP Lawsuit: Why was Hinman's deposition pushed?

The deposition of former Securities and Exchange Commission [SEC] Director of Corporate Finance, William Hinman has been postponed to 27 July 2021. The same was earlier scheduled to take place on MondThe post XRP Lawsuit: Why was Hinman's deposition pushed? appeared first on AMBCrypto.

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Judge clears Ripple to question former SEC official over XRP case

Ripple’s defense of the ongoing lawsuit against it by the U. S. Securities and Exchange Commission (SEC) has received a slight boost. Sarah Netburn, U. S. District Court Judge, has turned down SEC’s motion to cancel the deposition of William Hinman, former director of SEC’s Division of Corporate Finance.

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Another Win For Ripple As Judge Orders The Deposition Of Former SEC Official, William Hinman

Ripple Labs Inc has been given the go-ahead to question former SEC official William Hinman in its lawsuit with the Securities and Exchange Commission (SEC). ETH Is Not A Security – William Hinman Ripple had asked the US Judge Sarah Netburn to let it depose the former director of the SEC's Division of Corporation Finance.

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XRP lawsuit update: Hinman deposition to go ahead, but here's the caveat

Ripple Labs is in the news today after the blockchain firm won yet another battle against the U.S Securities and Exchange Commission [SEC] on Thursday. As per Judge Sarah Netburn's latest ruling, RippThe post XRP lawsuit update: Hinman deposition to go ahead, but here's the caveat appeared first on AMBCrypto.

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XRP lawsuit update: Is this development truly 'bad' for Ripple?

The SEC v. Ripple Labs case has taken a new turn. In what is the latest development in the same, the court has scheduled a telephone conference on 15 July at 3:00 pm to discuss the U.S. Securities andThe post XRP lawsuit update: Is this development truly 'bad' for Ripple? appeared first on AMBCrypto.

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Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit

Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1. 3 billion legal battle with the United States Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of Corporation Finance, to July 19, according to court filing published last Friday.

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SEC to block former official from testifying in Ripple case

The U. S. Securities and Exchange Commission (SEC) seems intent on stopping William Hinman from testifying in the SEC v. Ripple (XRP/USD) lawsuit. Hinman is a former director of the commission’s Division of Corporation Finance, Forkast News reports.

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SEC vs Ripple Lawsuit Has Become ‘Cold’ — Analyst Suggests It Could Henceforth Continue Behind Closed Doors

The legal battle between the United States Securities and Exchange Commission (SEC) and crypto payment firm Ripple is taking a bit longer than expected. And if you’ve been paying attention, you will realize that no news has been shared with the XRP community in recent weeks.

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SEC vs. Ripple: What’s In For XRP In The Next Bullish Phase?

Talk of resilience and you can’t help thinking of XRP. Since the U. S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple on 22nd December 2020, it has been a rough ride for investors and traders looking to capitalize on its movements.

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It is really in Ripple's best interest to 'behave' because...

Ripple Labs, its executives, and XRP have consistently been on the radar over the past six months, primarily because of the ongoing lawsuit against the U.S. Securities and Exchange Commission. What's The post It is really in Ripple's best interest to 'behave' because... appeared first on AMBCrypto.

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XRP lawsuit: Who is the 'former SEC official' Ripple wants to depose?

The lawsuit filed by the United States Securities and Exchange Commission against Ripple and its execs has seen a lot of back and forth lately, with the recent development in the same seeing Judge NetThe post XRP lawsuit: Who is the 'former SEC official' Ripple wants to depose? appeared first on AMBCrypto.

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XRP Lawsuit effect? 'I hope that we can provide clarity in a few areas'

The question of Cryptocurrency regulations is now when and how. Treasury Secretary Janet Yellen and Securities and Exchange Commission Chair Gary Gensler said it's bound to be a major undertaking.

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Bitcoin and Ethereum - After XRP, could these cryptos be on the SEC's hit list?

The United States Securities and Exchange Commission's lawsuit against Ripple Labs and its execs has had far-reaching implications, not only for the San Francisco-based blockchain firm and XRP but forThe post Bitcoin and Ethereum - After XRP, could these cryptos be on the SEC's hit list? appeared first on AMBCrypto.

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SEC denied records related to Ripple’s recent XRP transactions 

 The discovery phase of the lawsuit against Ripple Labs continues as Magistrate Judge Sarah Netburn denied, in part, the US Securities and Exchange Commission’s (SEC) request for additional discovery.

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XRP lawsuit update: Did the court just deliver 'a big blow' to the SEC's case?

The court has provided back-to-back rulings over the past 24 hours in the ongoing legal battle between Ripple Labs, its execs, and the United States Securities and Exchange Commission. Granted, DenThe post XRP lawsuit update: Did the court just deliver 'a big blow' to the SEC's case? appeared first on AMBCrypto.

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If XRP Is Deemed A Security, Ethereum Might Be Next In Line, Fears Market Players

Following the Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs, there have been speculations that Ethereum might be next in line to be branded as a security.  Ripple’s motion to compel the SEC to produce internal documents relating to Bitcoin, Ethereum, and its XRP have fueled these speculations. The payment giant Ripple wants the […]

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XRP lawsuit: Court's latest ruling means the case is going to end... here's when?

Over the past few months, ever since the United States Securities and Exchange Commission first filed charges against Ripple Labs, "small victories" have been hard to come by for the regulatory agencyThe post XRP lawsuit: Court's latest ruling means the case is going to end... here's when? appeared first on AMBCrypto.

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The XRP Lawsuit Seems Long Drawn, Should Ripple Settle?

It’s been 171 days since the US Securities and Exchange Commission (SEC) challenged XRP and Ripple Labs directly by filing a lawsuit against them. There have been a slew of motions and memorandums exchanged so far, but no clear winner has emerged.

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XRP lawsuit: Even if Ripple wins this motion, it won't mean...

It has been more than 171 days since the United States Securities and Exchange Commission outrightly confronted XRP and Ripple Labs by thrusting a lawsuit upon them. To date, a host of motions and memThe post XRP lawsuit: Even if Ripple wins this motion, it won't mean... appeared first on AMBCrypto.

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XRP lawsuit: Is the SEC 'triply wrong' about its latest filing?

The ongoing lawsuit filed by the United States Securities and Exchange Commission against Ripple Labs is very busy as it is, with a host of motions and oppositions and replies flooding the court over The post XRP lawsuit: Is the SEC 'triply wrong' about its latest filing? appeared first on AMBCrypto.

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Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit

A new twist to the Ripple vs. SEC case has come to the fore. SEC’s New Filing Fatal To Its Claims In response to the Securities and Exchange Commission (SEC)’s lawsuit against blockchain firm Ripple Labs, co-defendants Brad Garlinghouse and Chairman Chris Larsen have requested that the regulatory agency carry out investigations on crypto exchanges […] The post Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit first appeared on BitcoinExchangeGuide.

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XRP lawsuit: With this move, what is Ripple trying to accomplish?

With the U.S. Securities and Exchange Commission [SEC] seeking a 60-day discovery extension in the ongoing case against Ripple Labs and its execs, the individual defendants in the said case have now mThe post XRP lawsuit: With this move, what is Ripple trying to accomplish? appeared first on AMBCrypto.

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Odds are the SEC will opt to settle Ripple lawsuit before reaching trial

The Securities and Exchange Commission (SEC) vs.

The post Odds are the SEC will opt to settle Ripple lawsuit before reaching trial appeared first on CryptoSlate.

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XRP lawsuit: If Ripple's Fair Notice defense 'survives,' what does that mean for the SEC?

In the month of December last year, the SEC filed a lawsuit against Ripple Labs for allegedly selling unregistered securities. In retaliation, the San Francisco-based blockchain firm raised two cruciaThe post XRP lawsuit: If Ripple's Fair Notice defense 'survives,' what does that mean for the SEC? appeared first on AMBCrypto.

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SEC Sues Five People Over BitConnect Lending Program

A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2018 after regulatory warnings and allegations of fraud.

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XRP lawsuit: Now, SEC wants Ripple to produce these XRP-related docs

It would seem that every other day has a major development around the corner in the ongoing case between the United States Securities and Exchange Commission and Ripple Labs. In what is the latest spaThe post XRP lawsuit: Now, SEC wants Ripple to produce these XRP-related docs appeared first on AMBCrypto.

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SEC wins motion to compel overseas partners to comment on Ripple (XRP) lawsuit

Judge Netburn denied Ripple’s motion to stop the discovery of foreign requests for assistance by the U.S Securities and Exchange Commission (SEC), as per a filing yesterday. The post SEC wins motion to compel overseas partners to comment on Ripple (XRP) lawsuit appeared first on CryptoSlate.

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SEC blocks overseas partners from commenting on Ripple (XRP) lawsuit

Judge Netburn denied Ripple’s motion to stop the discovery of foreign requests for assistance by the U.S Securities and Exchange Commission (SEC), as per a filing yesterday. The post SEC blocks overseas partners from commenting on Ripple (XRP) lawsuit appeared first on CryptoSlate.

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Another XRP lawsuit update: Ripple denies it tried to 'artfully plead' a good faith defense

After exchanging a few Memorandums of Law over the past few days, Ripple's legal battle with the U.S Securities Exchange Commission is threatening to go on for more weeks and months. As far as XRP is The post Another XRP lawsuit update: Ripple denies it tried to 'artfully plead' a good faith defense appeared first on AMBCrypto.

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XRP Lawsuit ramifications: Is the SEC hurting the same community it vows to protect?

The United States Securities and Exchange Commission’s decision to file a lawsuit against Ripple Labs has had a big impact. This unprecedented move can have a far-reaching impact on the cryptocurrenThe post XRP Lawsuit ramifications: Is the SEC hurting the same community it vows to protect? appeared first on AMBCrypto.

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SEC Set to Disclose Internal Documents on XRP, Bitcoin, Ether

The $1. 3 billion U. S. SEC vs Ripple lawsuit takes a fresh turn as the court has now ordered the securities regulator to disclose internal documents, memoranda, or formal position papers, which sheds light upon its discussions regarding Bitcoin, Ethereum, and XRP.

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Despite SEC lawsuit against Ripple, why this was a quarter of XRP accumulation

On 22 December, SEC charged Ripple for allegedly raising funds, through the sale of XRP in an “unregistered securities offering to investors.” According to the filing, co-founder Chris Larsen and The post Despite SEC lawsuit against Ripple, why this was a quarter of XRP accumulation appeared first on AMBCrypto.

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SEC Moves To Expunge XRP Holders From Ongoing Ripple Lawsuit With Latest Filing

The US Securities and Exchange Commission’s ongoing lawsuit against blockchain firm Ripple Labs and its executives has taken a new twist. SEC Files Opposition To Motion To Intervene In a recent release, the agency filed a motion to stop XRP holders from intervening in the ongoing lawsuit.

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XRP, SEC, Ripple lawsuit: What does this latest bone of contention mean for the parties involved?

When the SEC charged Ripple Labs and its executives of illegal securities offerings back in December, there were many who expected the lawsuit to be wrapped up within a few months. "It'll be settled oThe post XRP, SEC, Ripple lawsuit: What does this latest bone of contention mean for the parties involved? appeared first on AMBCrypto.

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XRP lawsuit: Ripple supports XRP Holders' motion to intervene, but here's the caveat

Just over two weeks after Attorney John Deaton filed a motion to intervene on behalf of XRP holders in the ongoing case between the United States Securities and Exchange Commission and Ripple Labs, thThe post XRP lawsuit: Ripple supports XRP Holders' motion to intervene, but here's the caveat appeared first on AMBCrypto.

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XRP lawsuit update: Ripple execs oppose SEC's motion for 'enlargement' citing impropriety

It would seem that the lawsuit between Ripple and the United States Securities and Exchange Commission is a long way from resolving itself. Within days of the regulatory agency filing a letter motion The post XRP lawsuit update: Ripple execs oppose SEC's motion for 'enlargement' citing impropriety appeared first on AMBCrypto.

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Will Gary Gensler address the Ripple (XRP) lawsuit at the SEC meeting this week?

XRP investors, the token issued by payments firm Ripple, are optimistic that a closed Securities and Exchange Commission (SEC) meeting this week will see a withdrawal of the lawsuit against the firm.

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SEC to File Response to Ripple’s Individual Motions to Dismiss

The U.S. Securities and Exchange Commission (SEC) intends to file a response to Individual Motions to Dismiss. The newest development in their ongoing lawsuit against Ripple Labs. The post SEC to File Response to Ripple’s Individual Motions to Dismiss appeared first on BeInCrypto.

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SBI Group CEO Reveals Ripple IPO Plans After Settlement With SEC Over XRP Lawsuit

The CEO of SBI Group, Yoshitaka Kitao, has disclosed Ripple’s plans to go public once its case with the United States Securities and Exchange Commission (SEC) is settled. SBI is the largest shareholder of Ripple Labs.

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Another win for #RelistXRP campaign: What do these developments mean for XRP though?

What a difference a few months can make! Back when the year began, XRP, the cryptocurrency at the center of the lawsuit filed by the United States Securities and Exchange Commission against Ripple The post Another win for #RelistXRP campaign: What do these developments mean for XRP though? appeared first on AMBCrypto.

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Ripple Wants To Go Public After SEC’s XRP Lawsuit, SBI Holdings CEO Claims

After dealing with the lawsuit from the U. S. Securities and Exchange Commission, Ripple’s leadership will take the blockchain payments firm public. This is the view of Yoshitaka Kitao, CEO of Japanese financial giant SBI Holdings.

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XRP lawsuit update: Ripple accuses SEC of ignoring Court’s ‘unambiguous directive’

In what is the latest salvo to be fired in the ongoing case between the United States Securities and Exchange Commission and Ripple Labs and its execs, the latter parties have now responded to the SECThe post XRP lawsuit update: Ripple accuses SEC of ignoring Court’s ‘unambiguous directive’ appeared first on AMBCrypto.

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Data shows “whales” are buying XRP as public sentiment increases

Even since the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple for an unregistered securities offering in late December 2020, some investors have expressed their fears about XRP.

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Ripple CEO Says He Feels ‘Really Good’ With The Progress Of The SEC Lawsuit

The United States Securities and Exchange Commission (SEC) filed a lawsuit against San Francisco-based blockchain firm Ripple in December 2020. The agency alleged that XRP, the digital token that Ripple uses for cross border payments, has been an unregistered security for the past eight years.

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Why XRP Holders Could Be Key In Lawsuit Against Ripple Labs

Former federal prosecutor James K. Filan has been involved with the lawsuit filed by the Securities and Exchanges Commission (SEC) versus Ripple Labs and two of its executives. Accused of the alleged illegal sale of an unregistered security, the token XRP, Filan has shared his opinion on the case, presented crucial documents, and discussing with […]

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Wall Street Journal Blasts The SEC for Setting ‘Inconsistent Rulings’ in Ripple Lawsuit

The U. S. Securities and Exchanges Commission (SEC) is causing confusion in the crypto industry with inconsistent rulings and handling of the Ripple lawsuit, a Wall Street Journal editorial piece read on Tuesday.

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