The post Ripple IPO and Stock Dilemmas: CTO Schwartz’s Perspective Amid XRP Lawsuit appeared first on Coinpedia Fintech News Ripple has challenged the SEC’s penalties in the XRP lawsuit. They have argued that they complied with the law and the SEC’s demands are excessive. Legal experts offer differing timelines for a resolution, with some expecting it in months and others predicting it could continue into next year.  Ripple’s CTO, David Schwartz, recently discussed his loyalty to Ripple and regretted going for stock over XRP. He was recruited by Ripple’s founder, Chris Larsen, for his lo ..read more

The post Mt.Gox’s $9.5 Billion Bitcoin Distribution: Crypto Market Impact on the Horizon appeared first on Coinpedia Fintech News Mt. Gox, the now-defunct Bitcoin exchange, has announced the repayment of a massive $9.5 billion worth of Bitcoin to its creditors. This impending payout, which includes 142,000 Bitcoin and 143,000 Bitcoin Cash (BCH), has raised questions about how far this promise will be executed.  Analysts from K33 Research have cautioned that such a large release of Bitcoin could affect market prices and sentiment.  Mt. Gox Creditors Prepare for Repayments The Mt. Gox ..read more

The post Worldcoin to Unleash $195 Million in WLD Tokens: What Next For WLD Price? appeared first on Coinpedia Fintech News The price of WLD tokens, Worldcoin’s native crypto, has experienced 50% fluctuations amid recent announcements regarding the sale of tokens from the Worldcoin treasury. A recent blog post announced that Worldcoin’s subsidiary, World Assets, plans to gradually sell WLD tokens over six months through private placements with institutional trading companies outside the United States. This move aims to meet the increasing global demand for World IDs verified by Orb and suppor ..read more

The post Central Bank of Nigeria Denies Freezing Accounts of Bybit, KuCoin, OKX, and Binance Users! appeared first on Coinpedia Fintech News Recent reports have sparked controversy surrounding Nigeria’s Central Bank (CBN), which issued a directive instructing banks to freeze accounts engaged in cryptocurrency transactions. However, the Central Bank has vehemently denied these allegations, sparking confusion and raising questions about the country’s stance on digital assets. False Claim!!! The Central Bank of Nigeria (CBN) found itself at the center of a controversial debate after reports surf ..read more

The post Changpeng Zhao Apologizes to Judge, Says There Was No Excuse for His Compliance Failures appeared first on Coinpedia Fintech News Changpeng “CZ” Zhao has openly apologized to the judge in charge of his case, accepting “full responsibility” for his actions that led to regulatory scrutiny. In a heartfelt letter sent yesterday, CZ expressed remorse over his “poor decisions” and admitted that he failed to put the necessary compliance controls within Binance. Apology and Responsibility: CZ’s Remorseful Acknowledgment His apology comes ahead of his sentencing, scheduled for April 30. He fa ..read more

The post Do Kwon Appeals to Montenegrin Supreme Court Against HC’s Ruling of Extradition to South Korea  appeared first on Coinpedia Fintech News Terraform Labs founder Do Kwon has appealed against a Montenegrin court’s extradition ruling, seeking to be sent to South Korea instead of the United States. His legal team argues against the court’s decision, pointing to flawed legal interpretations and raising concerns about potential political influence. Legal Battle in Montenegro Do Kwon, co-founder of cryptocurrency firm Terraform Labs, faces extradition requests from both South Korea and ..read more

The post Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why appeared first on Coinpedia Fintech News Five days after the fourth Bitcoin (BTC) halving, the flagship coin is still trapped inside a horizontal range between $60,000 and $74,000. Bitcoin’s price has been grinding higher in the past two weeks, trading at about $66,377 on Wednesday during the mid-London session.  The trading instrument has established a solid support level of around $64,903, which could hold in a sudden market selloff.  Short-Term Bitcoin Headwinds  Notably, on-chain data sh ..read more

The post Hedera(HBAR) Price Soars 70% on False BlackRock Association appeared first on Coinpedia Fintech News Hedera’s announcement on Tuesday about tokenizing BlackRock’s U.S. Treasury money market fund on its blockchain sparked a significant surge in trading activity for the platform’s native cryptocurrency, HBAR. However, it’s important to clarify that BlackRock was not directly involved in this tokenization project on Hedera. The news has opened the floodgates to TradFi giants realizing how big of a game-changer Hedera is. Today we witness #RWA history as @BlackRock’s ICS US Treasury mo ..read more

The post Ripple vs. SEC: Ripple Lawyer Predicts Possible Penalties and XRP Lawsuit Outcome appeared first on Coinpedia Fintech News In a recent episode of Crypto Law, Jeremy Hogan delved into the ongoing XRP SEC lawsuit and speculated on its potential outcome. He began by emphasizing the role of luck in legal battles, highlighting Ripple’s fortunate draw of Judge Torres for its case. Hogan then discussed a pivotal legal precedent, the Govil case, which emerged in October last year, reshaping the current lawsuits filed by the SEC. Jeremy Hogan on Ripple's Reply Brief https://t.co/XKFsVuItep ..read more

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