The U.S. Securities and Exchange Commission (SEC) is ignoring that the XRP cryptocurrency has utility, fintech startup Ripple alleged in its response to a securities… Read More »Ripple Responds to SEC Lawsuit Over XRP Sales
One of Ripple Labs’ big financial backers is looking to reverse its bet on the XRP issuer. Tetragon Financial Group LTD, the multi-billion asset manager-turned-plaintiff,… Read More »Tetragon Sues Ripple to Force Stock Redemption
Digital asset manager Grayscale Investments is following Bitwise’s footsteps in removing XRP from its large-cap crypto fund. The firm, which is owned by CoinDesk parent… Read More »Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
Cryptocurrency exchange Binance is suspending XRP trading for its customers effective next month. The exchange announced Wednesday that U.S. customers will not be able to… Read More »Binance US Says It Will Delist XRP on Jan. 13
In an interesting consequence of Ripple Labs’ battle with the U.S. Securities and Exchange Commission, a Missouri man claiming to be a Coinbase client is… Read More »Coinbase Sued for Allowing the Sale of XRP
The first pretrial conference in the U.S. Securities and Exchange Commission’s lawsuit against Ripple for the sale of XRP has been set for Feb. 22,… Read More »Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
Liquidations for XRP futures contracts have soared at year’s end as bullish signals in November followed by decidedly bearish news in December whipsawed the token’s… Read More »XRP Liquidations Soar as SEC Lawsuit, Token Airdrop Whipsaw Markets
What happens when a cryptocurrency once positioned as a regulator-friendly alternative to bitcoin gets heat from regulators? Exchanges that trade XRP are about to find… Read More »Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund. “Prior to the sale of the asset on December… Read More »Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple
MoneyGram has yet to see any “negative impact” on its longstanding business arrangement with Ripple from the U.S. Securities and Exchange Commission (SEC)’s lawsuit against… Read More »MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple
UPDATE (Dec. 22, 22:45 UTC): Shortly after this article was published, the SEC officially filed its lawsuit. The market for XRP could quickly dry up,… Read More »An SEC Victory in Ripple Case Would Render XRP ‘Untradeable,’ Market Pros Say
The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers. According to a… Read More »SEC Sues Ripple Over 7-Year, $1.3B ‘Ongoing’ XRP Sale
