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 Ripple invokes SEC v Terraform case argues for smaller civil penalty

Ripple invokes SEC v Terraform case argues for smaller civil penalty


Published: 2024-06-14


1. Ripple's settlement with the SEC: The article focuses on Ripple's agreement with the U.S. Securities and Exchange Commission (SEC) to pay a civil penalty of $450 million to resolve allegations of conducting unregistered securities offerings. This settlement marks a significant development in the ongoing legal battle between Ripple and the SEC,bringing some clarity to the regulatory status of Ripple's XRP cryptocurrency.

2. Impact on XRP and the cryptocurrency market: Following the settlement,XRP's price experienced a surge,indicating a positive market response to the resolution of the SEC case. This development could potentially pave the way for increased adoption and investment in XRP,with Ripple able to focus on its business operations without the cloud of regulatory uncertainty hanging over its head.

3. Ripple's future prospects and regulatory compliance: The article also touches on Ripple's plans to work towards greater regulatory compliance and transparency in its operations moving forward. With the SEC case now settled,Ripple can shift its focus towards expanding its services and partnerships while ensuring that it operates within legal boundaries to avoid future regulatory challenges. This focus on regulatory compliance could shape Ripple's long-term prospects and credibility in the cryptocurrency industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,299.80 1,736,286,745.10
2 BTC title=BTC 64,674.61 1,612,640,745.60
3 ETH title=ETH 3,518.56 1,100,634,005.68
4 COP title=COP 4,043.00 893,258,968.00
5 SOL title=SOL 132.88 455,559,606.09
6 PEPE title=PEPE <0.01 391,546,644.96
7 LISTA title=LISTA 0.79 331,578,727.73
8 ZRO title=ZRO 3.39 177,110,951.05
9 WIF title=WIF 1.92 173,256,263.98
10 XRP title=XRP 0.49 149,574,341.30
11 IO title=IO 3.94 126,833,533.26
12 FLOKI title=FLOKI <0.01 108,092,834.02
13 DOGE title=DOGE 0.12 104,243,578.51
14 NEAR title=NEAR 5.30 95,826,797.92
15 ZK title=ZK 0.19 94,193,838.60
16 ORDI title=ORDI 40.38 85,588,787.11
17 WLD title=WLD 3.02 84,278,490.07
18 BOME title=BOME <0.01 65,415,377.24
19 RUNE title=RUNE 4.26 59,198,328.03
20 RNDR title=RNDR 7.46 57,150,985.93
21 ENS title=ENS 26.44 51,745,055.91
22 FTM title=FTM 0.57 51,539,149.40
23 LDO title=LDO 2.31 51,147,892.59
24 PEOPLE title=PEOPLE 0.08 50,111,516.61
25 CRV title=CRV 0.36 48,723,375.40
26 AVAX title=AVAX 27.84 47,634,704.28
27 INJ title=INJ 20.82 45,628,090.54
28 PENDLE title=PENDLE 5.88 44,432,445.09

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Lista DAO title=LISTA 0.79
+3,836.50
2 LayerZero title=ZRO 3.39
+239.30
3 Metal DAO title=MTL 1.29 +15.85
4 Ontology Gas title=ONG 0.37 +10.78
5 Curve DAO title=CRV 0.36 +8.00
6 Atletico Madrid Fan Token title=ATM 2.45 +7.56
7 Paris Saint-Germain Fan Token title=PSG 3.16 +6.43
8 AVA title=AVA 0.69 +3.81
9 Pundi X title=PUNDIX 0.39 +3.81
10 Dock title=DOCK 0.02 +3.72
11 Manchester City Fan Token title=CITY 2.42 +3.47
12 Flux title=FLUX 0.66 +3.45
13 AC Milan Fan Token title=ACM 1.73 +3.03
14 Gas title=GAS 3.85 +2.97
15 IRISnet title=IRIS 0.02 +2.63
16 Yield Guild Games title=YGG 0.66 +2.45
17 Lisk title=LSK 1.07 +2.30
18 SelfKey title=KEY <0.01 +2.11
19 Juventus Fan Token title=JUV 1.89 +2.11
20 Sui title=SUI 0.90 +2.09
21 aelf title=ELF 0.40 +2.05
22 Q Coin title=QKC <0.01 +2.00
23 WINkLink title=WIN <0.01 +1.89
24 ForTube title=FOR 0.02 +1.84
25 PowerPool Concentrated Voting Power title=CVP 0.32 +1.81
26 Lido DAO title=LDO 2.31 +1.76
27 Prom title=PROM 8.27 +1.71
28 Vite title=VITE 0.02 +1.70
29 Chromia title=CHR 0.26 +1.62
30 Theta Fuel title=TFUEL 0.07 +1.62

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 zkSync title=ZK 0.19 -10.88
2 JasmyCoin title=JASMY 0.03 -9.61
3 Rocket Pool title=RPL 24.94 -9.21
4 1inch title=1INCH 0.41 -9.20
5 Bonfida title=FIDA 0.29 -8.67
6 dogwifhat title=WIF 1.92 -8.09
7 Render title=RNDR 7.46 -7.85
8 BurgerCities title=BURGER 0.51 -7.73
9 ConstitutionDAO title=PEOPLE 0.08 -7.59
10 Shentu title=CTK 0.76 -7.52
11 ARK title=ARK 0.56 -6.99
12 Arweave title=AR 25.55 -6.96
13 W 0.35 -6.70
14 PlayDapp title=PDA 0.06 -6.21
15 Bonk title=BONK <0.01 -6.19
16 Moonbeam title=GLMR 0.21 -6.09
17 Highstreet title=HIGH 2.03 -5.46
18 Dymension title=DYM 1.63 -5.40
19 BEAMX title=BEAMX 0.02 -5.37
20 TrueFi title=TRU 0.15 -5.35
21 Open Campus title=EDU 0.60 -5.32
22 Optimism title=OP 1.84 -5.30
23 BarnBridge title=BOND 2.13 -5.26
24 Cortex title=CTXC 0.23 -5.26
25 Neutron title=NTRN 0.51 -5.25
26 Renzo title=REZ 0.10 -5.19
27 Internet Computer title=ICP 8.23 -5.08
28 SPACE ID title=ID 0.45 -4.98
29 xMoney title=UTK 0.05 -4.91
30 Aevo title=AEVO 0.47 -4.87

Bitcoin's Greed and Fear Index.

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63
Greed

Global CryptoCurrency News

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at news day date time
1 Flash Manufacturing PMI Friday 21-06-2024 14:45
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