Ripple Labs and CEO come under fire amid rumors of a Trump meeting
Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
Auto Added by WPeMatico
Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.
Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied.
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry.
According to the latest Polymarket election odds, Kamala Harris has a 45.9% chance of securing the Oval Office in the Nov. 5 presidential election.
Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security […]
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve.
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology.
