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The Latest Breaking News from Ripple

SEC vs Ripple Case Ends With $125M Penalty; Experts Pick Their Winner

A judge has finally put an end to the nearly four-year-long legal fight between the SEC and Ripple, with the latter being ordered to pay $125 million in civil penalties – a figure much lower than the regulator's $2 billion demand.

International Business Times

Kamala Harris's advisers reportedly reach out to crypto industry with 'pro-business, responsible business' message

The Harris campaign's crypto outreach effort has included Coinbase, Circle, and Ripple Labs, sources told the Financial Times.

Fortune

Biden Advisor Joins Crypto Leaders In Roundtable As First Dem Senator Urges POTUS' Withdrawal

An advisor for President Joe Biden attended a roundtable hosted by a Democratic leader for crypto leaders on Wednesday, raising hopes for more bipartisan efforts toward addressing the concerns of the emerging industry.

International Business Times

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EXCLUSIVE: ALTA CVO Talks Tokenization 'Optimism,' Crypto Regulation Sentiment At Consensus 2024

Consensus 2024 was the biggest event so far in the crypto space this year, and among the key discussions during the gathering of key industry players were tokenized funds and assets, as well as a thorn in the U.S. SEC's side: regulation.

International Business Times

Does Donald Trump have a memecoin now?

Recent speculation around Trump's blockchain plans shows why crypto will be an agent of chaos for the upcoming elections.

Fortune

Spot ETH ETF Applicants Reportedly Ironing Out 'Reasonable' SEC Comments

Applying issuers for a spot ETH ETF have reportedly started working on the "reasonable" comments provided by the SEC regarding their S-1 filings, signaling positive progress in the approval of the much-anticipated funds.

International Business Times

Ripple Blasts 'Disproportionate' SEC Case Fine, Cites Terraform Labs Settlement

Ripple argued that the fine the SEC seeks against it is "disproportionate," given the recent settlement with Terraform Labs, which was found to have been intentional in orchestrating a securities fraud.

International Business Times

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'Compliant Path Forward': Ripple Closes Deal To Acquire Standard Custody

Amid its ongoing legal battle with the SEC, Ripple has closed a deal to acquire another digital assets custody firm, Standard Custody & Trust Company.

International Business Times

MicroStrategy's Ripple Effect: DeFi Technologies Announces Bitcoin Treasury Strategy

DeFi Technologies has joined the list of companies adopting a Bitcoin strategy to grow their businesses as it bought some $7 million worth of BTC.

International Business Times

DOGE Fans Erupt After Ripple CEO Says Dogecoin Hasn't Done Anything Good For Crypto

Fans and users of DOGE blasted Ripple CEO Brad Garlinghouse after his comments during last week's Consensus 2024 event about the world's top memecoin emerged.

International Business Times

VanEck Sets 2030 Ether Price Target Of $22K, X Users Slam 'Bearish' Projection

VanEck, an applicant for spot Ether ETFs, has set a price target of $22,000 for ETH by 2030, calling the Ethereum blockchain's native token a form of "Digital Oil."

International Business Times

Ripple Payments - Crypto Payment Breakthrough That Outperforms Bitcoin

Bitcoin and Ethereum are two famous virtual coins used to send and receive money online in decentralised settings, spanning a tremendous market cap and investment valuation.

inkl

Half A Billion Worth Of Bitcoin Move As BTC Nears $70K

More than $600 million worth of Bitcoin has been moved in the last 24 hours as BTC continues its slow trek toward $70,000.

International Business Times

Ripple CEO Believes XRP, SOL, ADA ETFs Are Inevitable After Ether Approvals

Ripple CEO Brad Garlinghouse is positive that the crypto market will see XRP, SOL, and ADA ETFs in the long run now that spot ETH ETFs have been approved even as some industry analysts don't expect more crypto ETF approvals.

International Business Times

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International Business Times

Ripple CLO Blasts SEC Chief, Says Gensler Now A 'Struggling Political Liability'

Ripple's Alderoty has once again slammed Gensler for his leadership and the regulatory approach of the SEC toward digital assets, but this time, he pointed out how the SEC chief has become a political liability amid increasing Congress scrutiny.

International Business Times

Crypto Titan Clash: Tether CEO Claps Back After Ripple Chief Says US Targeting USDT

Ripple's Brad Garlinghouse said last week that the U.S. is targeting Tether's USDT stablecoin, and Tether's CEO appears to have responded to the insinuation, triggering what could be the beginning of a clash of two crypto titans.

International Business Times

SEC Ripple Case: Regulator Insists $2B Penalty 'Needed' To Deter Crypto Giant's Future Violations

The SEC has reiterated in another court filing that a massive penalty on Ripple was necessary to ensure that future violations will be deterred.

International Business Times

GOP Senate Candidate Deaton 'Outraised' Warren In Q1 With Help From Crypto Leaders

Republican senate candidate for Massachusetts John Deaton has a long way to go before he can unseat Democratic Sen. Warren, but it appears crypto titans are starting to see his potential.

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International Business Times

Most Of Ripple-Owned Metaco's Execs, Marketing Staffers Have Left Crypto Custody Firm: Report

Metaco, which saw its CEO depart the company earlier this year, has lost most of its executives and marketing department members, a new report revealed.

International Business Times

Ripple CEO Sees Crypto Market Cap Topping $5 Trillion This Year

Despite the SEC's crackdown, Ripple's CEO Brad Garlinghouse is very optimistic of the crypto market's growth as he sees the sector's total market growing nearly doubling by the end of the year.

International Business Times

SEC Seeks $2B In Case Against Ripple: CEO

The SEC's motion for judgment and remedies, filed Friday, remains confidential to outside parties. But Ripple's chief legal officer Stuart Alderoty said the redacted versions of the documents will be made public by March 26.

International Business Times

Pro-XRP Senate Candidate Urges Campaign Fund Support In Bid To Dethrone Crypto Critic Warren

John Deaton, known for his support for XRP holders, called on American voters to help fund his $1 million campaign to unseat Democratic Sen. Elizabeth Warren, who is a vocal crypto critic.

International Business Times

Ripple-Owned Metaco's CEO, Product Head Reportedly Leave Crypto Custody Firm

Metaco, the crypto custody firm acquired by Ripple in May 2023, lost two executives Monday: its CEO and head of the company's products unit. The leadership shakeup comes as Ripple continues to fight the SEC in a years-long lawsuit over the crypto company's alleged securities law violations.

International Business Times

GOP Senators Blast SEC For 'Unethical' Handling Of Debt Box Case

Five Republican senators have raised concerns about the SEC's handling of its case against blockchain project Debt Box after the regulator admitted that its counsel made a misrepresentation during a hearing of the case.

International Business Times

SEC Scores Win As Ripple Ordered To Share Financial Statements With Regulator

The SEC just scored a win in its case against Ripple as the crypto firm has been ordered to share its sensitive financial information with the regulator.

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