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).
Ripple, the blockchain payments and infrastructure company behind XRP, has once again become the focus of IPO speculation. Recent claims circulating among crypto observers suggest the company could be engaging in late-stage discussions for a potential public offering in 2026.
Bitcoin eased in early Asian trading and held around the mid-$87,000 area as market volatility continued to compress. Bitcoin investor and entrepreneur Anthony Pompliano said the absence of a year-end surge may reduce the risk of a major first-quarter selloff.
XRP сталкивается с аномально высоким уровнем негатива в соцсетях. По словам некоторых наблюдателей рынка, именно такие настроения в прошлом нередко становились предвестником ценовых отскоков. Аналитическая компания Santiment, которая изучает рыночные настроения, сообщила в X, что отношение к XRP глубоко ушло в негативную зону.
Ripple (XRP) token dropped to $1.8800, its lowest level since Dec. 19, and ~50% below its highest point this year. This decline mirrored the performance of Bitcoin (BTC) and other altcoins.
Digital asset exchange-traded products (ETPs) experienced significant net outflows last week, with the latest report showing over $952 million in weekly outflows across crypto ETPs. This follows a week marked by renewed price downturn, with Bitcoin falling to support below $85,000 and Ethereum under $2,700.
