The World Economic Forum 2016 in Switzerland is expected to concentrate on the topic of fintech revolution this year.
Chris Larsen transfered $26 million in XRP to Coinbase as XRP price got closer to new yearly highs, signaling a possible significant cash-out move.
Ripple CEO predicts a crypto industry reset, highlights presidential candidates’ contrasting stances, and expects the inevitable approval of an XRP ETF.
In addition to Larsen, the letter of endorsement for Harris also includes signatures from some of the most prominent figures in the tech world.
In addition to the PAC, Deaton has personally received financial support from major industry executives.
The latest argument centers on the accusation that the exchange discriminated against institutional investors during the sale of XRP through its On-Demand Liquidity (ODL) platform.
According to Forbes’ 2024 World Billionaires List, crypto has made more billionaires this year than it did in 2023.
The XRP price has come under strong selling pressure amid the news of alleged hack. Ripple co-founder has confirmed investigation with law enforcement agencies.
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP.
The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence.
Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit.
Morgan asserts that XRP sales fail to meet at least two of Howey test prongs, making the SEC’s case weak. With the facts apparently not aligning with the Howey framework, he sees little room for the SEC to overturn the earlier judgment.
The US SEC moves on the backfoot as Ripple registers yet another victory in their legal battle.
This ruling marked a crucial victory for Ripple, instantly boosting XRP’s price by almost 5%. When Ripple achieved its first victory, although a partial one, in July, the price of XRP spiked from $0.46 to $0.93 in just 10 hours, a stunning 100%+ increase.
The Ripple chief had already earlier specified that the lawsuit with the SEC would reach a resolution in the first half of 2023.
Ripple revealed it now has the long-awaited Hinman documents containing a speech about ETH, as it looks to secure victory against the SEC.