Crypto News

Ripple CEO Criticizes SEC Actions In the latest quarterly report released by Ripple, it was stated that XRP's non-security status remains unchanged. This news comes as a relief to investors and supporters of the cryptocurrency, especially after the ongoing legal battle with the US Securities and Exchange Commission (SEC). However, despite this positive development, Ripple CEO Brad Garlinghouse has not held back in criticizing the SEC's actions. SEC's Crypto War and "Lost Battles" Garlinghouse has been vocal about his stance on the SEC's actions against Ripple. In a recent tweet, he referred to the ongoing legal battle as a "regulatory chaos" and a series of "lost battles" for the SEC. He also expressed his disappointment in the SEC's lack of clarity and consistency in regulating the crypto industry. Regulatory Credibility at Stake Garlinghouse's criticism of the SEC's actions goes beyond just the ongoing legal battle...

The SEC vs. Ripple Legal Battle The crypto community has been closely following the legal battle between the SEC and Ripple over the alleged sale of unregistered securities through the XRP token. The case has been ongoing for months, with multiple court hearings and motions filed by both parties. Ripple's Settlement with the SEC Earlier this month, there were rumors that Ripple and the SEC were close to reaching a settlement, which would have put an end to the legal battle. This news caused a surge in XRP's price, with many investors hoping for a positive outcome. XRP's Price Dip However, today, XRP's price has taken a dip amid speculation that the SEC has canceled the settlement with Ripple. This news has caused uncertainty and fear among investors, leading to a sell-off of XRP tokens. The Impact on the Crypto Industry The SEC vs. Ripple legal battle has been closely watched by the entire crypto industry, as it could set a precedent for how other cryptocurr...