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.
Huang BoRipple triumphs in court against the SEC, affirming XRP's status as a non-security and reshaping crypto regulation.
KikyoRipple 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.
TheBlockThe ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
FinboldIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldThe Ripple vs SEC case continues to produce encouraging signs of a favorable end for Ripple which in turn would boost XRP price action.
BeincryptoXRP rallied 10% after the ruling was announced.
BeincryptoIn the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security.
BitcoinistThe U.S. Securities and Exchange Commission and Ripple Labs both filed motions for summary judgment.
OthersAs 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.
Cointelegraph