Founder and CEO of crypto brokerage firm Prometheum Aaron Kaplan’s support for the SEC in a recent Daily Drop episode stirred the Ripple community’s reaction. In the interview, Kaplan said the United States Securities and Exchanges Commission would win in the Ripple lawsuit. He likened the ongoing Ripple lawsuit to the SEC’s legal battle against
XRP
Blockchain payments technology company Ripple is set to partner with Colombia’s central bank, Banco de la República. They aim to research potential applications of blockchain technology within Colombia, a significant development in South America’s adoption of this technology. This collaboration will also involve the Ministry of Information and Communications, as they plan to test possible ways
Over the last week, the XRP community was abuzz with the expectation that the Hinman documents were finally going to be released. The fight to release these documents had waxed on for a long between Ripple and the United States Securities and Exchange Commission (SEC) before a judge ruled that the documents be unsealed. However,
Despite its ongoing legal imbroglio with the United States Securities and Exchange Commission (SEC), blockchain payments firm Ripple continues to expand its operations in Europe and Asia. Speaking at the Money 20/20 event in Amsterdam, Ripple’s managing director for Europe and the United Kingdom, Sendi Young, outlined the firm’s growth amid regulatory scrutiny back in
The release of the Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) caused a massive stir in the XRP and crypto community yesterday. The emails revealed that Bill Hinman, the former head of the Division of Corporation Finance Regulation, ignored the directive of other high-ranking SEC
Five years after Bill Hinman delivered his speech on cryptocurrencies, Chief Legal Officer (CLO) at Ripple, Stuart Alderoty, has called for an investigation into the former Securities and Exchange Commission (SEC) official’s actions. The call comes after the SEC’s lawsuit against Ripple and the subsequent release of public emails and drafts of Hinman’s speech, which
Expectations for the Ripple lawsuit summary judgment have heightened among XRP community members ahead of essential revelations. The broader crypto community and XRP holders await the unsealing of the Hinman speech documents moved up to June 13. Considering the building pressure and heightened regulatory uncertainty, the crypto community expects clarification from the doc. The Hinman
In a new tweet, Ripple CEO Brad Garlinghouse claims that the highly anticipated “Hinman documents” were “well worth the wait,” hinting at their potential significance in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). With the documents expected to be unsealed this week, here is a recap of what
Bitcoin (BTC) starts a “massive” week in a precarious position as key support stays out of reach for bulls. After fresh losses across crypto markets over the weekend, BTC/USD closed the week below $26,000 for the first time in three months. Both Bitcoin and altcoins continue to struggle thanks to legal battles raging in the
Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outside of the country. Chris Dixon, a16z’s crypto founder and managing partner cited a “predictable business environment” as one of the main factors behind its
Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show. Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers. She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others
Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security. The comment caught the attention of Udi Wertheimer, a Bitcoin Ordinals developer at Taproot Wizards, who inferred Dorsey was a “clown” in
XRP has resumed its bullish trend after Ripple locked 900 million tokens in escrow. This new development has triggered a rapid shift in the momentum of the cryptocurrency, which is now one of the best performers in the last week. Ripple Moves 900 Million Tokens Back To Escrow On June 1, Ripple carried out one
The popular blockchain technology company, Ripple, has recently purchased Bitstamp shares. This was revealed after Galaxy Digital revealed its quarterly report. The acquisition involved shares previously owned by an American investment firm, Pantera Capital, specializing in digital assets and asset-focused companies. Ripple Commits To Network Expansion Amid Issues Despite facing a long-standing legal battle with
The founder of CryptoLaw, Pro-XRP lawyer John Deaton, has weighed in on the controversial Hinman speech document. Deaton has argued against the SEC’s claims that the emails and speech drafts represented Hinman’s personal opinion. In a May 24 tweet, the attorney said the 63 emails and 52 speech drafts are too much to be tagged “personal
In a recent Federal Reserve Bank Atlanta Policy Hub captioned “An Introduction to Web3 with Implications for Financial Services,” XRP was mentioned as an “international payment medium.” The report reiterates the relevance of Ripple’s business model as it uses XRPL to meet cross-border settlement needs at a low cost. XRP Facilitates Cross-Border Settlements The XRP
The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) has been heating up recently as both sides await a critical court ruling. Ripple CEO Brad Garlinghouse recently made a bold statement, stating that he expects a decision from the court “in weeks, not months.” However, another prominent figure, pro-XRP lawyer Jeremy
Prominent pro-XRP attorney John Deaton and Ripple CTO, David Schwartz, have disclosed that unsealing William Hinman’s emails is inevitable, even if the SEC settles with Ripple. The revelation came during a discussion initiated by a known figure within the XRP community and a crypto detective Mr. Huber. Deaton and Schwartz both echoed the opinion that
Jeremy Hogan, a pro-XRP lawyer, has discussed the issue of secondary market sales and its potential impact on the Ripple vs. the US Securities and Exchange Commission (SEC) lawsuit. The outcome of this case is crucial for XRP holders, as it will determine whether the asset is deemed inherently a security. If the issue of
Attorney John Deaton, known for his pro-XRP stance, has disclosed that the SEC’s Ethics Office did not approve William Hinman’s controversial speech. The former director of SEC’s Corporation Finance, Hinman, made remarks in 2018 classifying Bitcoin and Ethereum as non-securities but failing to mention XRP. Deaton recently shared a document that shed light on the
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