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Showing posts with the label sec lawsuit

Will XRP Be Affected by the SEC-Ripple Lawsuit?

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The SEC-Ripple lawsuit saw new developments over the last few days. Judge Analisa Torres has denied the fintech company and the SEC’s joint motion for an indicative ruling. The motion aimed to reduce the fine to $50 million in the settlement. Judge Torres said that the March settlement should exempt Ripple from following the court’s permanent injunction. According to X user “Vet,” who is an XRPL dUNL validator, the lawsuit now only involves the fintech company and has nothing to do with XRP. Very important to mention. This is now a Ripple case. It has nothing to do with XRP. — Vet (@Vet_X0) June 26, 2025 Will XRP Rally Given The New Revelations? Source: Watcher.Guru One of the most substantial barriers to XRP’s price during the 2021 rally was the SEC-Ripple lawsuit. The lack of clarity significantly hindered investor confidence. If XRP is no longer a subject in the ongoing suit, the asset could rally if market conditions permit, despite Ripple being i...

Ripple XRP SEC Lawsuit Update: Deaton & 462,800% Price Rally

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The XRP lawsuit takes a pivotal turn as attorney John Deaton provides critical insights into Ripple’s path forward against the SEC, while whale movements worth $58 million signal major institutional activity. An ambitious XRP price prediction targets a staggering 462,800% rally, as XRP Ledger activity strengthens amid ongoing cryptocurrency market volatility. Someone posted a comment that said “we get it: you and @freddyriz believe @Ripple and the @SECGov should’ve kissed Judge Torres’ ass more. That’s not it. In fact, I believe there’s a 70% chance she grants the relief requested and I’ll discuss it more in detail tomorrow. … https://t.co/QXf65N87dR — John E Deaton (@JohnEDeaton1) June 14, 2025 Also Read: Ripple SEC Settlement: Fine Cut from $125 Million to $50 Million Understanding Ripple’s Lawsuit, XRP Price Prediction & Whale Moves Amid Market Volatility Source: Coinpedia Deaton Reveals Critical XRP Lawsuit Timeline John Deaton recently clarified the extensive damage th...

What Will XRPs Price Be If SEC Dismissed Ripple Lawsuit This Month?

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Ripple (XRP) is undoubtedly one of the leading tokens to exist in the current cryptocurrency space. The token has fought its way to reach the top of the radar and has spent the majority of its year fighting a heated legal battle with the US SEC. Now, with the token being part of Trump’s crypto reserve, will the US SEC finally dismiss the highly anticipated XRP case and liberate XRP from all legal barriers and shackles? Also Read: Amazon: 3 Reasons AMZN is Smartest Stock to Buy Right Now Ripple: New Developments Source: Reddit Ripple is currently one of the most trending crypto tokens to exist in the space. The token is now a crucial part of Trump’s crypto strategic reserve, which outlines the importance of the token on an administrative level. At the same time, Ripple is currently part of the budding ETF narrative, with firms eager to explore and launch XRP ETFs to woo consumers and investors on a larger scale. Such developments point towards Ripple’s undefeated stance...

Have Finnish police seized Richard Heart’s Rolex watches?

When HEX founder Richard Heart saw his profile on the Europol’s Most Wanted Fugitives list, he tweeted obstinately, “It feels great to be wanted.” Yesterday, the world learned that authorities are closing in on the ostentatious promoter and have seized some of his gaudiest displays of wealth, including Rolex watches. According to a press statement, Finnish law enforcement seized a collection of luxury watches as part of an operation that began in late 2024. The descriptions of the watches match almost perfectly those displayed by Richard “Heart” Schueler on his YouTube channel.  Seized as alleged proceeds of crime during a home raid, the collection of 20 timepieces reportedly cost millions of dollars with many imported from the United States and transported into Finland. Authorities also seized millions of euros in the owner’s bank account as well as digital assets on an unnamed service provider. Although Finnish police didn’t name Schueler in the seizure announc...

Ripple XRP Predicted To Hit $7: Here's When

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Ripple’s XRP token has had a rough few years. The asset is down by more than 83% from its all-time high of $3.40, which it attained in January 2018, over six years ago. XRP has also failed to hit the $1 mark since late 2021, nearly four years ago. Also Read: FLOKI: Double-Bottom Pattern – Next Big Investment with 20% Surge? Despite its popularity, the cryptocurrency has failed to deliver results compared to other assets, such as Solana (SOL) or Ethereum (ETH). Factors Affecting XRP’s Performance and Future Predictions Source – CNBC Why the Poor Performance? The SEC v. Ripple case was probably the main cause of XRP’s dismal results. Financial authorities charged the fintech company with selling unregistered securities. The suit was filed in December 2020 and was a significant reason why XRP did not hit a new high during the 2021 bull run, while many other assets did. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire For Just $14 The lawsuit was recently settle...