While the countries are actively working on developing crypto regulations, XRP has faced its third class-action lawsuit for securities fraud.
The third securities fraud lawsuit has been filed against Ripple in California by the lead plaintiff David Oconer who is a private XRP investor.
Ripple Labs, Brad Garlinghouse, its chief executive officer, and XRP II LLC, a money service business unit of Ripple Labs are named as defendants.
Ripple Labs Inc. and the company’s CEO are accused of having conflated their token with its proprietary Ripple technology and of getting illegal benefits from price growth all the time.
According to the lawsuit, due to the way how XRP cryptocurrency is managed and distributed by Ripple Labs, it should be classified as a security.
The U. S. Securities and Exchange Commission (SEC) is once again taking action against a co-founder of the PlexCoin cryptocurrency project, having previously sued him over securities violations and fraud in 2017.
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP).
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Top Analyst Predicts XRP Price Soaring 72,500% amid Altcoin Rout
XRP price may record a massive breakout if a 72,500% prediction from a top market analyst comes to reality.
The XRP price has pulled back in the past few weeks, and technicals point to a deep dive if it loses a crucial support level. Ripple dived from the year-to-date high of $3.40 to the current $2.2. This crash has led to a $62 billion wipeout as the market cap has plunged from over $189 […]
Gemini, the crypto exchange founded by the Winklevoss twins, is promoting its previously launched XRP cashback program, which offers crypto rewards to users. This initiative allows eligible participants to earn rewards on their XRP transactions.
XRP’s price has slipped by 4. 7% in the past 24 hours, continuing a pattern of high volatility that has defined much of March. Amid this decline, however, some see opportunity, with one popular analyst identifying an interesting reversal pattern that could turn the tide to bullish trajectory.
The XRP price has lost momentum this week, falling for four consecutive days and reaching its lowest point since March 11. Ripple (XRP), like other altcoins, has crashed as concerns about the state of the U.S. economy and President Donald…
XRP price has hit a rough patch, grappling with a bearish market testing its investors’ resilience. At press time, XRP traded at $2.12, reflecting a sharp 11.54% drop in one week. Meanwhile, a different story unfolds in the crypto space with Bitcoin Pepe, a Bitcoin-based meme-driven project that’s gaining traction in its ongoing token presale. […]
Bitcoin dipped by 4% in the last 24 hours, amidst reports of upcoming U.S. tariffs on its trading partners. U.S. President Donald Trump’s tariff announcements have been dramatic enough to keep crypto traders on their toes, as Bitcoin and altcoins react to the news.
