Ripple-SEC Case: SEC Requests Deadline Extension, XRP Price Reacts Positively
SEC Seeks Ripple Case Extension: Requests deadline shifts for settlement briefings. XRP price reacts positively, surging to $0.59.
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SEC Seeks Ripple Case Extension: Requests deadline shifts for settlement briefings. XRP price reacts positively, surging to $0.59.
Massive 25.10 million XRP transfer to Bitstamp amid Ripple-SEC lawsuit extension sparks market speculation. Despite sell-off, XRP price rebounds, raising manipulation concerns. Derivatives data suggests potential uptrend, but analyst warns of resistance levels, hinting at price correction.
Ripple Labs CEO Brad Garlinghouse said Friday that the SEC has been a “bully.” The SEC has cracked down on the industry in a mission to protect investors, ramping up enforcement actions over the past year.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
Though hype around NFTs has died down considerably over the past few bear market months, Ripple NFTs developer community continues to invest.
The Ripple vs SEC case continues to produce encouraging signs of a favorable end for Ripple which in turn would boost XRP price action.
The U.S. Securities and Exchange Commission and Ripple Labs both filed motions for summary judgment.
As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
The rise in the popularity of cryptocurrencies left many in the financial services world surprised. No one had expected a ...