XRP Price Crashes 12% as SEC Appeals in the Ripple Lawsuit
On Oct. 2, the US Securities and Exchange Commission filed a notice of appeal in the Ripple lawsuit seeking to overturn an earlier ruling. The agency has appealed a 2023…
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SEC Appeals Ripple Case, Citing Errors in Final Judgment
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows…
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions,…
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S.…
How Likely Is an SEC Appeal in the Ripple (XRP) Lawsuit? Lawyer Chips In
TL;DR A potential appeal by the SEC is becoming more likely, with one expert estimating a 60% chance. However, he doesn’t have the best track history when it comes to…
US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program
The United States Securities and Exchange Commission (SEC) unveiled charges against two crypto companies, TrueCoin and TrustToken, for their fraudulent stablecoin investment program and unregistered offer and sale of securities.…
Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches
A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision regarding XRP in the Ripple lawsuit. The SEC views the…
SEC Fines Mango DAO for Unregistered MNGO Tokens
The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of…
This Is How SEC Chair Gensler’s New Exchange Definition Could Impact Crypto
Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), believes there have been significant changes in the financial market requiring upgraded definitions of exchanges and alternative…
Ripple v. SEC Lawsuit News: Increased Rumors of a Potential Appeal
TL;DR Ripple secured a partial win against the SEC, but the regulator has until October 7 to appeal the decision. XRP’s price holds steady at $0.59, with some predicting an…
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