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news-imageOctober 26, 2024

XRP News Today: XRP Decline Deepens After SEC Appeal Delay and Tether Probe

Crypto rout sends XRP below $0.50. Ripple's cross-appeal fuels legal debate as SEC delays draw investor criticism.
Publisher: FXEmpire
Sentiment: Negative
USDT
XRP

More News Articles

Positive
cover-imageCoinPedia
October 26, 2024

Ripple News: CEO Shares Views on Why SEC Shouldn't Prevail

Ripple CEO Brad Garlinghouse believes that there will be advancements in cryptocurrency regulation following the U.S. presidential election. Speaking at the Crypto Investor Day, Garlinghouse addressed a cross-appeal filed last night that seeks clarification on whether an investment contract under the Securities Act must be explicitly defined.

Negative
cover-imageThe Currency Analytics
October 26, 2024

Ripple Labs Faces Key Legal Challenges in Ongoing XRP Case

Ripple Labs is at a pivotal juncture as it continues to battle the U.S. Securities and Exchange Commission (SEC) over the status of its cryptocurrency, XRP. The case has garnered significant attention not only due to its implications for Ripple but also for the broader cryptocurrency market, as it could influence regulatory practices moving forward.

Negative
cover-imageCoingape
October 25, 2024

Ripple CEO Warns SEC's Appeal Win Could Drive US Crypto Firms Offshore

Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal. Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement.

Neutral
cover-imageCryptopolitan
October 25, 2024

Tether CEO Paolo Ardoino refutes claims of US investigation

Tether CEO Paolo Ardoino has denied allegations that the company is facing an investigation by the U.S government. This comes in response to a Wall Street Journal report on an alleged probe by U.S. authorities into Tether's involvement in sanction violations and anti-money laundering (AML) breaches.

Negative
cover-imageThe Currency Analytics
October 25, 2024

Ripple's CEO De-Banked: The Truth Behind the SEC Lawsuit and the Future of XRP

Ripple's CEO, Brad Garlinghouse, revealed that he has been de-banked by Citigroup Inc., a bank he's been associated with for 25 years. This shocking disclosure came during a recent discussion at DC Fintech Week, where Garlinghouse emphasized the broader implications of regulatory pressures on individuals and companies in the cryptocurrency space.

Negative
cover-imageNewsBTC
October 25, 2024

Tether Defends Its Record, Blasts WSJ For ‘Irresponsible Reporting'

In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney's Office, is said to focus on whether Tether's stablecoin, USDT, has been used by third parties to finance illegal activities such as drug trafficking, terrorism, and hacking, or to launder the proceeds from these activities.

Negative
cover-imageBenzinga
October 25, 2024

Federal Probe Into Tether Examines Potential Sanctions And Money-Laundering Breaches: WSJ

U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S. sanctions and anti-money-laundering regulations, according to a report. What Happened: This inquiry, conducted by the Manhattan U.S. Attorney's Office, is investigating possible misuse of Tether's stablecoin in activities like drug trafficking, terrorism financing, and laundering proceeds from these illicit actions, The Wall Street Journal reported.

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