SEC reportedly preparing to drop Ripple lawsuit, XRP jumps 5%

The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP. Following the rumors, the XRP price climbed roughly 5% from $2.

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Cardano’s Charles Hoskinson Blasts Ripple’s Litigation Strategy in XRP Lawsuit

Charles Hoskinson, the founder of Cardano, has criticized Ripple’s litigation strategy in the ongoing lawsuit with the Securities and Exchange Commission (SEC) regarding the classification of XRP as a security. 

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Ripple-SEC Lawsuit Attracted Millions of Users to XRP: CryptoLaw Founder

Ripple advocate Deaton believes that large part of investors were attracted to XRP due to SEC-initiated lawsuit

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Why XRP pumped despite the Binance-SEC lawsuit

XRP has surged by over 13% since 15 May. The rally has seen investors' sentiment spiking to a four-month high. The timing of a decision in the widely publicized legal dispute between RippleThe post Why XRP pumped despite the Binance-SEC lawsuit appeared first on AMBCrypto.

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FOMO Will Kick Into High Gear When XRP Price Roars Past $2, Predicts Pro-Ripple Attorney

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XRP Price Rises as Ripple Lawsuit Expectations Soar: Details

XRP community expects resolution of Ripple lawsuit to be very close

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Ripple’s Brad Garlinghouse Says Decision on XRP Lawsuit Expected This Year

Ripple CEO Brad Garlinghouse has stated in a recent interview with Bloomberg that he expects the XRP lawsuit with the SEC to be resolved this year.

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XRP Rebounds by 5% as "Day Is Finally Here" for Ripple-SEC Lawsuit: Details

Ripple lawsuit: "The day is finally here" as XRP records 5% spike in recent hours

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XRP Value Increases by 10% Despite New Developments in Ripple Lawsuit

XRP spikes on rising investor optimism amid latest updates in SEC lawsuit

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XRP Lawsuit: 'There's a pretty good chance SEC will lose all merits'

Ever since the US Securities and Exchange Commission sued Ripple Labs over selling unregistered securities in the form of their cryptocurrency XRP, the financial community has remained divided over thThe post XRP Lawsuit: 'There's a pretty good chance SEC will lose all merits' appeared first on AMBCrypto.

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Can the SEC-Ripple lawsuit's fact discovery deadline be key to XRP's price action

XRP, despite its fall on CoinMarketCap's charts, has retained a lot of attention this month. Not only because of its recent rallies, but also because of Ripple's ongoing lawsuit against the SEC.

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XRP lawsuit: Ripple CTO addresses worst-case scenario for coin and investors

David Schwartz, Chief Technology Officer of Ripple and one of the original architects of the XRP ledger, stated what the company hopes to accomplish amid their SEC lawsuit. In a recent interview, SThe post XRP lawsuit: Ripple CTO addresses worst-case scenario for coin and investors appeared first on AMBCrypto.

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XRP Market Update: Price On Verge of Upside Despite New Lawsuit against Ripple

XRP, the cryptocurrency launched by fintech company Ripple, appears not to have been impacted by the news of a new lawsuit against the firm. The XRP market currently shadows gains in the broader crypto market as Ripple faces yet another lawsuit connected to its use and sale of XRP.

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say

A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security.

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Ripple CTO on XRP Securities Lawsuit: "Our Attorneys Have the Best Words"

Ripple arms itself with high-profile lawyers that have "the best words," according to the company's CTO David Schwartz

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Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle It

Coinspeaker Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle ItThough Ripple is confident that it will win its class-action lawsuit, the situation with XRP may remain unsolved.

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Ripple Dealing with Lawsuit in California that May Shed Light on $500B XRP Crypto Market

Coinspeaker Ripple Dealing with Lawsuit in California that May Shed Light on $500B XRP Crypto MarketAn end to the lawsuit against Ripple hasn't been put yet. But when it is, will it affect the XRP price? That's an interesting case to observe.

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XRP Security Related Lawsuit Is Making Waves against Ripple in California

Coinspeaker XRP Security Related Lawsuit Is Making Waves against Ripple in CaliforniaAn end to the lawsuit against Ripple hasn't been put yet. But when it is, will it affect the XRP price? That's an interesting case to observe.

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Even If Ripple “Wins” Class Action, It Won’t Mean Much For XRP: Here’s Why

There is a class action lawsuit filed against Ripple in 2018 by investors who are alleging that XRP is a security. Even if the suit is dismissed, it is unlikely to have any major effect on the cryptocurrency.

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Ripple’s XRP Still at Risk of Securities Classification

Even if the court rules in favor of Ripple’s motion to dismiss, XRP’s fate as a “currency” remains uncertain. Motion to Dismiss Ripple, the company behind the third-largest digital asset on the crypto market XRP, is battling an open-ended class-action lawsuit.

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Judge Keeps Ripple in Suspense as XRP Securities Lawsuit Continues to Loom

Both parties in the XRP securities lawsuit will have to wait a tad longer to find out whether the suit will move forward

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CFTC Chairman on Fence About XRP’s Status in the Face of Regulatory Uncertainty

Heath Tarbert, Chairman of the CFTC, has made a statement that he isn’t sure of whether XRP should be deemed a security or not. With a class action lawsuit pending and a very obvious agenda of selling XRP as a means of revenue, regulators are still not fully ready to tackle the elephant in theRead MoreRead More.

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Ripple Faces Its Doomsday. Will XRP Be Recognized as a Security Next Week?

Here's what you should expect from a Wednesday court hearing on the XRP securities lawsuit

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New evidence suggests that XRP could be deemed a security

A document resurfaced on the internet providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit. The lawsuit against Ripple On Aug. 5, 2019, a new complaint was filed against Ripple.

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Ripple Files Final Motion to Dismiss Class-Action Securities Lawsuit

Ripple has filed to dismiss a class-action lawsuit that alleges it sold XRP in an unregistered securities offering

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Ripple Makes Final Attempt to Dismiss Its XRP Securities Lawsuit

Coinspeaker Ripple Makes Final Attempt to Dismiss Its XRP Securities LawsuitIn the framework of its a long going battle with complainants claiming XRP as a security, Ripple has raised additional questions over the plaintiff's arguments.

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Ripple Once Again Tries to Toss Class-Action Lawsuit, Insists XRP Is Not a Security

Ripple makes a final push to dismiss the damning class-action lawsuit ahead of a court hearing that is scheduled for January 2020

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Ahead of Hearing, Ripple Files for Dismissal of XRP Securities Lawsuit One Last Time

The court case over whether XRP should be considered a security has been going on for months, but Ripple isn’t done yet. In a new filing on December 4th, Ripple poked holes in the statements made by the plaintiffs, arguing that the arguments they’ve made are contradictory to their original claim, as reported by CoinDesk. […]

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Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting

Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing.

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Ripple Is Still Liable for Illegal XRP Sales, According to Lead Plaintiff in Class-Action Lawsuit

Bradley Sostack, the lead plaintiff in the XRP securities lawsuit, doubles down on his claims that Ripple violated securities laws

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Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales

Ripple's argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.

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Latest Ripple XRP Securities Lawsuit Updates: A Decision Must Be Made

Today, on November 4th, the next stage of the long-running Ripple lawsuit will be taking place, though that stage has seemingly yet to be decided. Bradley Sostack, the plaintiff, can file a response to a motion to dismiss by the end of the day, which was originally initiated on September 20th. If it isn’t fully […]

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What’s Next in the Securities Case Against Ripple Over XRP

Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.

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Ripple Files Motion to Dismiss Lawsuit About Securities Violation

The situation of Ripple in court continues to be complicated. The company has recently decided to file a motion to dismiss against a lawsuit that claims that Ripple has violated the U. S. securities law with the sale of its XRP tokens.

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Ripple Labs wants the US to forget it’s being sued for selling Ripple (XRP) illegally

Ripple Labs, the company behind the Ripple (XRP) cryptocurrency, has formally requested a US federal court dismiss a class action lawsuit that alleges it illegally sold unregistered securities, Fortune reports.

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Ripple Labs Attempts to Quash Legal Action By Jan 2020

Blockchain payment network operator Ripple has sparked fresh controversy after trying to dismiss a lawsuit accusing it of selling unregistered securities. Lawyers Attempt To Ditch Lawsuit In court documents uploaded by Fortune on September 19, lawyers for the company stated twelve reasons why they considered the accusations to be false.

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Ripple Moves Court to Dismiss XRP’s Securities Lawsuit, But Fails to Answer Questions

Coinspeaker Ripple Moves Court to Dismiss XRP’s Securities Lawsuit, But Fails to Answer QuestionsRipple has recently moved to court making strong counter-allegations on one of the plaintiffs claiming XRP is a security.

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Ripple Files Motion for Court to Toss XRP Securities Lawsuit

Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors.

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Ripple files new motion to dismiss XRP lawsuit; claims plaintiff has no standing to file complaint

Ripple has been fighting a now year-old lawsuit and recently, a group of investors had filed an amended complaint regarding the same against Ripple. The group had alleged that XRP was an unregistered security under the Securities and Exchange Commission’s (SEC) guidance.

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Ripple Avoids XRP Question as It Moves to Dismiss Securities Lawsuit

Is it or isn’t it? Ripple lawsuit fails to answer XRP security question

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Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

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XRP Fork Unlikely to Succeed, Ripple Continues to Face Angry Investors

An XRP fork isn’t likely to happen, but Ripple still has to deal with a lawsuit launched by angered investors

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As Broader Market Surges, XRP Investor Mulls Forking Protocol to Prevent Escrow Dumps

With Ripple facing a lawsuit from aggrieved investors, a few minnows in the community are considering forking the protocol to stop the company from mass dumping tokens in the open market, as per Forbes, September 3, 2019.

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Case Against Ripple Toughens as SEC may “Hammer” XRP

According to Tone Vays, derivatives trader & YouTube content creator in a tweet on August 14, 2019, the U. S. Securities and Exchange Commission (SEC) is coming after Ripple Labs with Thor’s Hammer.

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Ripple Faces Another Lawsuit from Investors Claiming XRP Is an Unregistered Security

Coinspeaker Ripple Faces Another Lawsuit from Investors Claiming XRP Is an Unregistered SecurityRipple continues to face the ire of the investors who claim that XRP is "unlawful securities" under the SEC's guidelines of the Howey Test.

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SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

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Plaintiff and lead counsel named in Ripple class action lawsuit over XRP offering

Taylor-Copeland Law and Susman Godfrey, LLP were named as co-counsel in a proposed class-action lawsuit against Ripple Labs, Inc. for allegedly failing to comply with securities regulations in the course of their ICO.

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Crypto Legal Expert: Don’t Expect Ripple’s XRP Security Ruling This Year

According to the prominent law firm Kobre & Kim’s Jake Chervinsky, the crypto space shouldn’t expect a decision to be made on XRP’s status as a security. In a tweet storm, Chervinsky broke down the lawsuit Ripple is dealing with and laid out what we can expect over the course of 2019.

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It Will Take Another Year to Know If Ripple’s XRP is a Security or Not

It will take more than a year to understand whether or not Ripple’s XRP is a securities asset, according to Jake Chervinsky. The dispute and investigation lawyer, associated with a global law firm Kober & Kim, tweeted a long thread explaining the next possible course of actions in the ongoing federal lawsuit against Ripple Labs.

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