This being the case, exchanges that have stopped selling XRP since the SEC action could now potentially relist it, according to Hogan, who stressed he wasn’t offering legal advice. i really like your detailed explanations it can be improved with visuals though keep up the good work thank you !☺️, Hey jungle two years listening to your views on XRP. For instance, the XRP price surged by over 15 percent right after the SEC agreed to remove market manipulation claims against Ripple Labs in February 2020. But the fact that the SEC side is so weak in the letter I’m sure the current commissioners will push for one before Ginsler comes onboard. The lawsuit was initially filed in the May of 2018 where the investor Bradley Sostak initiated a Class Action lawsuit against Ripple Foundation and the Chief Executive Officer Bradley Garlinghouse. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. For me there are a few red flags, he is an academic, former investment banker, former government official and an 18 year Goldman Sachs boy. Regulators to Determine If XRP Is a Security or Commodity After being rejected initially, the group of XRP holders led by lawyer John Deaton has ultimately been allowed to file a motion to intervene in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, according to a court order published yesterday. Overall I like it, but I do have a couple minor details to mention: 1. The implications of the said ruling are significant, to say the least. Sostack and his legal team maintain, however, that Ripple is nevertheless liable due to ongoing sales of the XRP coins. Gary Gangster will be even worse for the crypto space. A settlement will not provide clarity, they need the court to set XRP’s destiny!!! Ripple and XRP. not a single one of them have any PROOF of a settlement yet each and every one of them are pumping out these hype videos talking about how a settlement is coming any day now, were gonna be rich when the settlement comes, gonna moon after the settlement, settlement, settlement, settlement. I think f@k the federal government. Your content is always on point and clear, sometimes it’s also like a therapy session to where if I was feeling a little anxious or showing signs of FUD you bring me back down. In fact, a similar contention was part of Ripple’s preliminary response back in January when it argued, “How does the SEC explain telling the public that BTC and ETH are not securities, then turning around and alleging the opposite is true for XRP?”. Articles: Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban. other information, such as SEC minutes and memos expressing the agency’s interpretation or views on crypto are likely discoverable.”. With over three years of experience as a political writer, he primarily focuses on the political impact of crypto developments. 9 years old and presently at .53. A lot of chart analysts agree XRP will still break its ATH during this bull market cycle regardless if the settlement is reached or not. Good morning! Great vid as always. While Ripple and its execs Garlinghouse and Larden have taken issue with the fact that “for almost a decade, the SEC watched as XRP grew and developed, all the while issuing no formal guidance that its sales may be illegal,” the SEC has argued that the defendants have been trying to put the agency itself on trial. and what will happen as a result of the Ripple (XRP) lawsuit? After Due Diligence New XRP Believer Buys, Ripple #1 Trans Volume SBI Remit Now in 13,400 ATM's. Just released, will not know until August 2021 about SEC outcome. CONCLUSION Accordingly, the Court finds that the SEC’s requests for the Individual Defendants’ personal financial records, apart from those records of XRP transactions that are already promised, are not relevant or proportional to the needs of the case. Ripple continues to be locked in a court case trying to establish the status of XRP. IT'S SHOW TIME! If you want to avoid that fate you need digital assets like XRP and 0xMonero. Thank you for another great video Jungle! Cheers! White, one of the country's best known securities lawyers, argues as Ripple's attorney that the SEC made a blunder. Moving to Japan under unfavourable US regulation will keep us rolling at similar(ish) prices almost indefinitely, but no global acceptance. He has a reputation for being heavy handed which could turn around and bite the US in the rear. There IS NO AMERICAN we the people. A joint letter released by the SEC and the legal counsel of the Ripple Labs has quashed all rumors of a possible out-of-court settlement by the two parties at this time, suggesting the defendant in the case would fight the legal battle in the court itself. Premier League football club enters VR partnership with crypto betting site. The price of major crypto asset XRP (CRYPTO: XRP) has seen a spike of about 39% after a ruling in a United States court. Hows that fair. Thanks for all the hardwork Jungle , Ripple XRP: SEC Court Case Update Released: Prospect For Settlement, After Due Diligence New XRP Believer Buys, Ripple #1 Trans Volume SBI Remit Now in 13,400 ATM's. Well, how much XRP do i need to hold to buy a high end BMW by march 2021? Aside from filling his staff positions, the SEC lawsuit is #1 item on his plate. what they have yet to show you is any actual proof of a settlement in the works, because there is none. Stay humble & thankful & He will provide. A lizard king can only come from a lizard queen. Ripple XRP: SEC Court Case Update Released: Prospect For Settlement. The case was taken to court in 2018 and the consolidated complaint was filed on Aug. 5, 2019. i dont know why xrp only down but all tell xrp to moon. What about Tether? It’s just one of many exchanges. Ripple going to shoot up while people are selling….The saudi Arabian bank going live on 21 February 2021… I think you’re right…I’m praying you’re right. 2 min read → there was mention of previous attempts by ripple to settle, and those settlement offers were REFUSED by the sec each and every time. The SEC alleges Ripple illegally sold XRP as an unregistered security upon its launch and maintains that the digital asset is a security to this day. keep dreaming, it will be summer before there is a decision. see you next bull run xrp, bc you just missed this one again. What do I think ?? YNWA, Your email address will not be published. Should traders invest in altcoins like Tezos, Chainlink, Dogecoin, etc. With the latest ruling going the firm’s way, one can expect the cryptocurrency to keep surging, despite some corrections setting in at press time. A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. I wonder if Vincent Wilson is still Holding Strong ??? We’ve been bought and sold out like cheap whores. Why would coinbase fake the price? Going to trial could easily be 3-6 years, which is death for xrp. I flipped in to ethereum. Bitcoin: Why this trend could be key to BTC staying above $60k, Bitcoin falls after Turkey’s central bank cracks down on crypto-payments, Ethereum, BitTorrent Token, Zcash Price Analysis: 17 April, Ethereum, UNI, Stacks Price Analysis: 16 April, Ethereum finally breaches $2500 to hit yet another ATH. Nice job jungle short but sweet!this is the XRP cowboy . Sorry guys. The first pretrial conference for the case is set to take place on February 22. Zero oversight on the Oversighters….. that literally spells corruption. Why are value inflows into Tether’s market important? , The sec will have to make all cryptocurrencies a security which will never happen…its all crap. Does not sound good for xrp, people are dumping. On Feb. 18, the SEC filed an amended complaint against Ripple. In other words, keep sitting with your thumbs up your asses waiting on the switch flipper fairy while everyone else is making stupid money like youve always done. If a coin like dogecoin can 20x…ripple going to 10 dollars…. Thank you Jungle! Jibin is a news editor at AMBCrypto. In this respect, it’s worth noting that Attorney Jeremy Hogan recently pointed out that an SEC-filed public document dated 2016 has Ripple Labs characterized as a “Digital Currency Company.” According to Hogan, “The SEC must now explain to the Court how a “digital currency” transformed to a “digital security.”. What a LEMON. There is no settlement. Coinbase except XRP or not. Stay strong and hodl! If their numbers weren’t reasonable, it would be counterproductive for their business. Always a skeptical view which in my mind is far better than the shoe in approach many have on Gensler. A short sample of today's coming full video on XRP, RIpple, Gary Gensler and the Law Suit. Reality check: Gary Gensler is going to be tougher on XRP and Crypto in general than Jay Clayton. Save my name, email, and website in this browser for the next time I comment. XRP Investors Victimised. Mnemonic metal case did not have proper spacing to fit all the letters, especially if using 24 keys. That’s only for the people holding money and power, One the most corrupt people on the planet sec. Ripple case. Once this last domino falls, XRP will leave the launchpad at greater than supersonic speed! Ripple’s top lawyer is responding to the release of an amended court complaint filed by the U.S. Securities and Exchange Commission (SEC). XRP Ledger is the UN of Smart Contracts. He is a wealthy bureaucratic banker and they cannot be trusted. For now, there is no official announcement on the court’s position. so… what happen for xrp ??? In SEC v Ripple the proposed case management plan and scheduling order was released and part of that document discloses the current prospect for settlement. #XRP #RIPPLE #XRPNEWSTODAY source With the Biden administration emphasizing Going green. Out of box setup instructions on the hard wallet itself were only in Chinese language 2. The XRP community is busy uploading every other hour lol, Ah I hope it all goes in our direction. Don’t think many individuals hold bitcoin.. it’s all belong to banker’s this days .and now XRP hodler times to suffer same as bitcoin beginner’s. Amazing videos. Whole thing needs to collapse. Contact him through whatsapp @+12893023644 or wire @BOWENSTRADE. Backoff Jiggle INC. XRP will not go anywhere for a while. The SEC had claimed that the company’s CEO Brad Garlinghouse and Chairman, Chris Larsen, sold XRP worth more than $1 billion to investors without registering the digital asset as a security. I am a follower of Christ & whatever happens is His plan. As the case drags on in a US court, traders have started treating the legal proceedings as market indicators. To the same, the SEC had claimed that Ripple is not like Bitcoin because the company is the “one entity” that created these assets. Uhive social network enables users to mint their profiles into NFTs, Binance Coin, Synthetix, Crypto.com Coin, Stacks Price Analysis: 06 April, Jibin is a news editor at AMBCrypto. February 19, 2021. With our Ripple breaking news, you will get to know why XRP is considered as … we wait for years and nothing when happens now curt case tomorrow different story. A motion to compel the SEC to produce Bitcoin and Ethereum documentation had been filed by Ripple last month, with the firm arguing that “under a proper application of Howey, the economic substance of a transaction in XRP is no different from one in Bitcoin and Ether – Currencies that Director Hinman publicly stated were not securities.”. In what is a major victory for the San Francisco-based Ripple Labs, the blockchain firm has been granted access to the United States Securities and Exchange Commission’s documents and discussions about whether Ripple’s XRP tokens are similar to cryptocurrencies like Bitcoin and Ether. Xrp Lawsuit Vs Sec Explained!!!!! This lawsuit is going to go the distance. I do like the sturdy casing and easy to read digital screen. If you have to work to pay bills by all means do what you have to do but make sure you get your priorities together. In the meantime, XRP is still being traded. Bitcoin: ‘You’re definitely a moron if you sell in a bull run and try to buy back lower’, Litecoin, Bitcoin SV, SushiSwap Price Analysis: 18 April, XRP, Dash, Zcash Price Analysis: 18 April. Alas, “…. Agreed on the settlement. That complaint includes several new details and allegations. Can’t wait for it to go up to thousands. I can’t see how they can argue their way out of this one, especially since they refuse access to the legal memos. InvestingCube is anticipating a large upswing of XRP if it can break the $2 resistance mark. Judge Netburn has sided with Ripple ordering the SEC to withdraw its six subpoenas sent to banks requesting personal financial information from company executives. when to the moon ? Feels like You-tubers just have to keep this faith and hope alive from all the XRP videos they invested their time in making smh. . What is the latest in the Ripple (XRP) case? You will find answers to such questions in this article. Bureau of Consumer Financial Protection clearance happened last year. The best part of this for me is where it stated that WE WILL have an official answer to if XRP is or is not a Security by October this year at the latest! I’ve been doing that by investing in the stocks, bitcoin and financial market and I’m grateful to say I’ve earned a lot so far this month working with a Mr. Alex Bowen through his registered investment company. Stand Firm And Remain XRP Strong We’re At The New Frontier, The Dawn Of The Era Of Interoperability, I.O.V And The Era Of The Digital Decade!!! The sale involves the digital asset XRP, which was reportedly created by Ripple Labs back in 2013 and which currently trades in crypto-assets markets across the globe (but XRP … And the market has not liked that perspective. DR Zerp Ripple court case summary. The trial opposing the SEC and Ripple over the sale of XRP tokens will begin on February 22, 2021, and will be hosted via video call. gary gensler takes over on june 5th to the sec.dont expect settlement until august/september, Despite all the economic crisis, this is still a good time to start up an investment, Investing in Bitcoin is a lucrative way of making money nowadays , All these coins hitting ALL TIME HIGHS … Bitcoin $50k … XRP still under $1 … this is embarrassing. Ripple Xrp: Sec Court Case Update Released: Prospect For Settlement; Xrp News Today: Potential Ripple Court Case Settlement Dates; Very, Very Important Video For All Ripple Xrp Holders!!!!! The filing is a “writ of mandamus” – essentially a public order calling for an authority or governing body to realign with the law. The SEC, which asserts XRP is a security and alleges Ripple illegally sold the digital asset without proper clearance, filed the amended complaint on Thursday. XRP / LTC / BTC insider discussion. Big mistake.They;re fucked. SEC Files Amended Complaint Last December, the U.S. Securities and Exchange Commission (SEC) filed chargesagainst Ripple, alleging that sales of the XRP token constitute an unregistered securities offering. Keep holding strong forget about it go fishing. The pandemic has been a perfect eye-opener for us all to really see how life can be without your usual income stream. Update: The XRP Investor Drops The Lawsuit Case against Ripple Labs, Inc. Ripple Inc. has survived yet another lawsuit.The reports that Ryan Coffery, the plaintiff, had taken back the filed lawsuit against Ripple Labs, Inc. will come as win to the Ripple community and investors as well. thanks A lot i always appreciate your videos. Source: TradingView. As for XRP, the token has been surging up the charts lately, with the same up by over 90% in the month of April. XRP ARMY Forever. “That is fundamentally different,” it had said. The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions.. And even then, Ripple can move to another country. Keep the Faith XRP Community! John Deaton of Deaton Law Firm filed the … Gensler is massive pro crypto. Excellent content as always, xrp family keep HODLING, we’re almost there! The U.S. financial dominance lies in the hands of Gensler. C’mon sec! XRP vi.be Editor. Let me be great for once and take care of my family. Corrupt corrupt corrupt. Seems Tether and Bitcoin & Silk Road such BS Tether get to flourish & sec sucks w XRP is targeted! XRP to moon is BULL SHIT….It will be to zero soon….STUPID. The new trial date for Ripple (XRP), which is thought to change the course of the crypto money market, has been set. Police policing the police. I imagine this case has to be sorted before the Spark drop and launch of the new flare network?? All those stretch goals on the way. If it can find a message that fits the bill to label XRP as a currency rather than a security, it could be a knockout blow to the SEC’s case. This alone is enough to not trust him with a glass of water. When the new SEC’S Chairman will get into office ? “The Titanic of Crypto” (XRP) the ‘unsinkable’ ship {Ripple} doomed for the ocean floor?? He has also said in an interview that xrp isn’t a security , People are so stupid to think that because there is no settlement it’s the end of XRP. I’ve noticed XRP is not the average crypt currency and its unique attributes are the reason for all the fuss. MORE HYPS BS FROM UTUBE HYPE CREATORS!!! Crypto lawyer Stephen Palley thinks Ripple faces an overarching problem with XRP in terms of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). When will the Ripple (XRP) case be concluded? What about then all exchanges that suspended or delisted XRP until a decision is made ? with btc at 50k and xrp at 1000 sat we have already failed… our only hope is if we can manage to fail a little less. Opinions deriving from any content material don’t signify ours. Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. The company is trying to defend itself from a class action lawsuit by early investors, who claim to have been offered XRP … Mark my words. XRP Update: Ripple Labs and SEC Joint Letter Rules Out Possibility of a Settlement Before Trials Commence. Ripple XRP: David Schwartz Stable Coins on the Ledger Minting Assets Backed by XRP, RippleNet, Federal Reserve, ACH, Bank of America Its All a Part of the Same Puzzle by Design, Ripple XRP: "Tokenizing Assets Will Unlock Trillions" Deloitte, Ripple XRP: It Only Took 5 Days to Jump $1 Next Time it Won't Stop. Years, which is death for XRP am a follower of Christ & whatever happens is plan! Before there is no official announcement on the political and financial perspective you want to know what industry! Action lawsuit against them minor details to mention: 1 ) lawsuit ledger move. The agency will not know until August 2021 about SEC outcome an unquestionable requirement to construct surges. 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