A Ripple spokeswoman confirmed that the SEC will drop its appeal against the company, subject to a commission vote and approval. XRP recently traded around $2.50, up 11% from its level 24 hours ...

Ripple Eyes $685 billion remittance industry with its RLUSD stablecoin, aiming to modernize cross-border payments and boost ...

TLDR The Ripple v. SEC case is nearing settlement, with both parties agreeing to key terms. Ripple has accepted a $50 million civil penalty and will no longer pursue its appeal. The SEC will withdraw ...

Apart from the high costs of Ripple’s “victory,” there are also chances that the SEC might challenge certain aspects of the case. SEC has until early October to file an appeal. Following the ...

Ripple and the SEC abandoned their appeal efforts, marking the end of the XRP lawsuit, and refocused on new opportunities.

In a court filing on Jan. 19, Ripple’s legal team claimed the SEC had changed its stance on collecting additional information during the discovery phase, which requires each party to share ...

Linqto, a shareholder in Ripple, filed for Chapter 11 bankruptcy following months of federal investigations over its handling ...

Ripple’s legal battle with the SEC started in December 2020, ... the Ripple case reflects the challenges of balancing progress with governance.

Ripple got U.S. legal advice as early as 2012 that XRP could be deemed an investment that would require SEC oversight, according to the agency’s court complaint.

Ripple Closes In On Legal Resolution With SEC, Will Recover $75 Million From Original Fine. ... effectively ending both sides' attempts to challenge aspects of the original verdict.

The SEC has asked to appeal a recent court ruling that determined Ripple’s XRP token does not violate securities laws when sold on public exchanges.

Ripple co-founder and chair Christian Larsen is also a defendant in the SEC case. His lawyer, Martin Flumenbaum of Paul, Weiss, Rifkind, Wharton & Garrison said the unsealing of the Perkins Coie ...