In the XRP lawsuit, Ripple has filed its opposition to the US Securities and Exchange Commission’s (SEC) motion for remedies and entry of final judgment. The fintech company counters the agency’s for nearly $2 billion in penalties with a proposed fine of just $10 million maximum. Filed late Monday, Ripple’s 186-page opposition document details its arguments against the SEC’s severe demands following a court ruling that found Ripple in violation of securities laws by selling XRP to institutional investors without proper registration. Ripple Vs. SEC: $10 Million Or $2 Billion? Ripple begins by a ..read more

In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. Ripple CEO Unveils 3-Year Growth Plan When inquired about the company’s growth story for the next three years, Garlinghouse began by underscoring Ripple’s significant international presence, with approximately 95% of its customer base located outside the US. “95% of our customers are non U ..read more

As Ripple Labs navigates its legal dispute with the United States Securities and Exchange Commission (SEC), the firm’s Chief Legal Officer (CLO) Stuart Alderoty has weighed in on the general misunderstanding on the lawsuit’s future course, providing transparency on the subject. Ripple CLO Addresses Confusion Surrounding The Case The Ripple CLO Stuart Alderoty provided clarity on the case after identifying certain inaccuracies in an X post made by cryptocurrency influencer Crypto Eri concerning the next steps of the lawsuit, particularly the final pretrial conference expected to take place by A ..read more

Cross-border payment company, Ripple has sent out an urgent message to XRP members and the broader cryptocurrency community. In its message, the payments firm warns about the risks associated with crypto scams and provides valuable information on how crypto members can identify and avoid these types of risks.  Ripple Cautions About Scam Activities In a recent X (formerly Twitter) post, the Ripple team issued an urgent warning to XRP community members, informing them that neither Ripple nor its associated executives and employees will ever ask members to send XRP to them. The team proceede ..read more

In the ongoing legal battle between cross-border payments company, Ripple and the United States Securities and Exchange Commission (SEC), a crypto expert has speculated that a possible settlement may be on the horizon. The recent events surrounding the case outlined by the expert, have indicated a progression to a potential conclusion in the case between the two parties.  Ripple And SEC On The Brink Of Settlement? XRP community member and expert, Ashley Prosper has speculated that the recent legal proceedings observed between Ripple and the US SEC could be key indicators pointing towards ..read more

Bill Morgan, a well-known Australia-based lawyer and entrepreneur has delved into speculations regarding Ripple dumping of XRP to manipulate or suppress its price, debunking the claims and emphasizing transparency in the crypto asset’s management. No Proof To Back Up Claims Against Ripple Morgan’s insights on the subject were triggered by a pseudonymous X user noting that several people in the crypto community are going about claiming that Ripple’s dumping of XRP is a “conspiracy theory,” while calling on the lawyer to confirm these allegations. Initially, the X user’s comment came in light of ..read more

A firestorm erupted in the cryptocurrency world this week after Ripple, the company behind the XRP token, announced its foray into stablecoins. The move sparked a public spat with Coindesk, a prominent cryptocurrency news outlet, raising questions about Ripple’s future and the fate of XRP. Ripple Boss Slams CoinDesk Article Ripple CEO Brad Garlinghouse took to the X social media platform to criticize a Coindesk article portraying their stablecoin venture as a sign of desperation. He called the article “embarrassing for the industry,” suggesting it undermines professionalism within the cryptocu ..read more

Payment company firm Ripple has announced its foray into the stablecoin market with an imminent launch of its own US dollar-pegged digital currency. This development positions Ripple to compete directly with established stablecoin giants like Tether and Circle, which dominate the $150 billion market. Ripple’s entry into the stablecoin arena signifies a strategic expansion of its offerings, aiming to tap into the growing demand for stable digital assets. Ripple Stablecoin Market Entry Strategy Ripple’s decision to introduce its stablecoin comes amid a shifting landscape in the market, marked by ..read more

Ripple Labs Chief Technology Officer (CTO) David “JoelKatz” Schwartz has weighed in on New Dev Null Productions’ choice to cease its contribution towards XRP and its ecosystem, offering perspective on the development. Ripple CTO Advocates For XRP On Tuesday, Dev Null Productions announced its decision to discontinue its contribution to XRP and its ecosystem, which the company dubbed “The end of an era,” triggering speculations within the community. The company stated that one of its reasons for cutting ties with the payment firm boils down to faith or rather the absence of it. Additionally, th ..read more

In the XRP lawsuit between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the parties have submitted a joint sealing proposal to the United States District Court for the Southern District of New York. This proposal, aimed at governing sealing issues for the upcoming remedies-related briefing, underscores both parties’ commitment to transparency while acknowledging the necessity of confidentiality for certain sensitive information. The joint letter, addressed to Hon. Analisa Torres and dated March 19, 2024, outlines a schedule for the submission and public release of cour ..read more