Ripple executive
1 week ago 1 min read

Ripple’s Alderoty accuses the US SEC for BlockFi’s demise

As the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) in the United States nears its conclusion, the fintech is throwing one more punch. Regardless, Ripple’s legal counsel and chief technology officer (CTO) continue to press their case against the SEC, harshly criticizing its anti-crypto enforcement policies. Ripple’s general counsel, Stuart Alderoty, echoed the SEC’s recently released annual report, in which the agency praised itself. According to the report, the commission filed 760 enforcement actions this year, a 9% increase from the previous year. The SEC imposed a record $6.4 billion in penalties and restitution on

Ripple XRP
3 weeks ago 2 mins read

Ripple publishes a “regulatory white paper” on crypto policy with suggestions for UK legislators

Ripple, the creator of XRP, hopes to take advantage of its expanding presence in the UK with a regulatory white paper for UK policymakers. The B2B blockchain payment system operator and XRP issuer Ripple has published a “regulatory white paper” with suggestions for UK legislators and regulators drafting laws on cryptocurrency policy. The report’s recommendations are influenced by other regions that have advanced in enforcing crypto regulation, such as Dubai, Singapore, and the EU. Differentiating between various forms of cryptocurrency for tailored regulation, coordinating between the crypto industry and the public sector, and educating lawmakers are just a few of

In a tiny triumph for Ripple Labs, the Securities and Exchange Commission, or SEC, has agreed to turn over internal correspondence.
2 months ago 1 min read

The US SEC has handed up key documents in the Ripple case

In a tiny triumph for Ripple Labs, the Securities and Exchange Commission, or SEC, has agreed to turn over internal correspondence. Ripple Labs, the custodians of the XRP token, has scored a little victory in its long-running lawsuit with the SEC, acquiring vital documents that may aid in the regulator’s investigation. Ripple has obtained what has become known as the Hinman documents — internal SEC drafts and emails relating to a former director’s speech more than four years ago — after 18 months and six court orders. The speech, given by William Hinman, Director of the SEC’s Division of Corporation

Securities and Exchange Commission
2 months ago 1 min read

The SEC attacks companies supporting Ripple as they fear Ripple’s ‘Gigantic Win’ in XRP Suit

In an effort to support Ripple in the protracted $1.3 billion XRP securities lawsuit, two companies, I-Remit and TapJets, attempted to file amici briefs with the court. The U.S. Securities and Exchange Commission (SEC) objected to their efforts. The movers have come under fire from the regulator for attempting to present evidence that is outside the parameters of discovery laws and the court’s prior order. The cross-border payments company I-Remit, which has its headquarters in the Philippines, asked to join the SEC vs. Ripple case last week. The case has been going on for almost two years. In addition, I-Remit