#ripple
109 articles found
Latest
The SEC vs Ripple Lawsuit is Not Over Just Yet
The United States Securities and Exchange Commission's (SEC) legal dispute against Ripple Labs, and individual defendants including CEO of Ripple Labs Brad Garlinghouse and co-founder Chris Larsen, continues to garner attention.
On March 24, the court granted the SEC an extension to submit a discovery schedule relating to the case, marking a small victory for the American financial watchdog. 
The SEC accuses Paxos Trust, the Pax Dollar, and BUSD stablecoins issuer, of illegal trading securities. You sound like a broken record, Mr. Gensler!
The Commission seems to have a hard time in court: Paxos has been authorized by the New York Department of Financial Services (NYDFS); it operates under its supervision, and its stablecoins are actively used by institutional investors in the United States.
The crypto community will see an epic battle between SEC prosecutors and NYDFS lawyers! We’re wondering who has more powerful attorneys: Paxos or Ripple? Coinbase supports Ripple in the confrontation with the SEC
Cryptocurrency exchange Coinbase voiced support for Ripple in the blockchain company's legal battle with SEC that lasted nearly two years. The company filed a request for an amicus curiae or “friends of the court” rule and formally applied to the US District Court. 