Global #legal battle

XRP, the native token of blockchain company Ripple, surged by approximately 20% to $0.83 on Thursday after Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), hinted that he might step down during a speech.

As Bitcoin soars past $89,000 and the total cryptocurrency market cap eclipses $3 trillion, members of the Ripple (XRP) community are expressing growing frustration over the token’s stagnant price performance.

Ripple Labs has officially filed a cross-appeal with the U.S. Court of Appeals for the Second Circuit, contesting key aspects of a recent ruling in its ongoing legal battle with the Securities and Exchange Commission (SEC).

The XRP community is buzzing with excitement as Ripple's lengthy legal battle with the SEC approaches a critical juncture. A recent post by Ashley Prosper on X has illuminated the next steps in the appeal process, igniting responses from prominent voices within the community.

In the wake of the SEC's decision to maintain its stance in the Bitnomial case—where the crypto derivatives exchange contested the classification of XRP futures as “security futures”—Ripple CEO Brad Garlinghouse has voiced his frustration.

Cumberland, a prominent player in the cryptocurrency trading space, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) following allegations that it conducted over $2 billion in crypto asset transactions without adhering to federal registration requirements.

In a united front, the XRP Army—a collective of millions of Ripple supporters, investors, and cryptocurrency enthusiasts—has initiated a petition in response to the SEC’s recent legal maneuvers against Ripple.

The ongoing legal battle involving Nvidia and a group of investors has gained significant attention as the United States Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have urged the Supreme Court to allow a class action lawsuit against the tech company to proceed.

XRP has seen a significant downturn, dropping below $0.54 as the U.S. Securities and Exchange Commission (SEC) intensifies its legal battle against Ripple.

In a recent legal dispute, Proton Management has firmly denied accusations from Swan Bitcoin regarding improper conduct related to the company’s mining operations.

As the crypto market buzzes with predictions for 2025, XRP stands out as a focal point, especially with experts forecasting a significant price increase driven by Bitcoin’s anticipated bull run.

Terraform Labs has officially shut down following the acceptance of its bankruptcy plan, marking the end of a tumultuous chapter for the company and its investors.