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.
Xu LinSEC Seeks Ripple Case Extension: Requests deadline shifts for settlement briefings. XRP price reacts positively, surging to $0.59.
Xu LinMassive 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 BoThe SEC accused Quantstamp of offering its QSP tokens as an investment opportunity without registering the ICO as a securities offering. As part of the settlement, Quantstamp has established a "Fair Fund" to compensate investors who were affected by the unregistered ICO. The company will transfer its QSP token holdings to the administrator of the Fair Fund, where the tokens will be permanently disabled or destroyed.
CoinliveAccording to Marc Fagel, an SEC veteran and former Director, a ruling in the case between the SEC and Ripple might be coming in days.
cryptopotatoThe case claimed that EmpiresX and its founders violated the registration and anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.
OthersIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldIn 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.
CointelegraphThe SEC approval obtained by BSTX does not involve encrypted transactions or any other form of use of blockchain technology.
Cointelegraph