Unsealed court docs: US investigators believe hackers behind the 2022 LastPass breach stole $150M in XRP, now worth ~$700M, from one person in January 2024
The stolen XRP is now worth $716 million. The Secret Service is trying to claw it back from unknown hackers.
The US SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities rules
A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the almost $2B the SEC sought in the case; XRP jumps 20%+
- Regulator had sought almost $2 billion in fines, penalties — Ripple token XRP surges on court ruling but is flat this year
Filing: the US SEC told a judge that Ripple should pay $2B+ in fines and penalties for selling more of its XRP token since being sued by the regulator, and more
The regulator is slated to release a public brief on Tuesday, Stuart Alderoty, Ripple's chief legal officer, said in a separate post on X on Monday.
Filing: the US SEC drops charges alleging Ripple CEO Brad Garlinghouse and Chairman Chris Larsen aided and abetted the company in violating securities laws
How High Can It Soar? PYMNTS.com : SEC Drops Claims Against Ripple Executives Bhushan Akolkar / Coinspeaker : SEC Clears Ripple Executives of All Charges in Lawsuit, XRP Price Shoots Benson Toti / Bit...
Filing: the US SEC drops charges alleging Ripple CEO Brad Garlinghouse and Chairman Chris Larsen aided and abetted the company in violating securities laws
The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it's just pursuing Ripple for damages.
A US judge rejects the SEC's motion to file an interlocutory appeal against July 2023's Ripple ruling and sets an April 2024 trial date to resolve other issues
XRP rallied about 5% following the decision. — Register Now — A federal judge has rejected the U.S. Securities …
Robinhood says the company paid ~$606M to repurchase shares held by an affiliate of Sam Bankman-Fried, set up via an agreement with the US Marshals Service
On August 30, 2023, Robinhood Markets, Inc. (the “Company") entered … Mike Millard / DL News : Ripple opposes SEC request to appeal judge's XRP ruling, HashKey fund to invest in altcoins CNBC : Robinh...
Coinbase asks a judge to dismiss the SEC's lawsuit, arguing that the case “falls outside the agency's delegated authority” as Coinbase doesn't trade securities
we do not offer “investment contracts” as that term has been construed by decades of Supreme Court and other binding precedent. 1/3 https://assets.ctfassets.net/ ... @iampaulgrewal : By ignoring that ...
A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a “plausible claim” that UST and LUNA may have violated securities law
ie directly to institutional investors versus to retail investors on exchanges. [image] John Reed Stark / @johnreedstark : Newsflash: Ripple Decision Already in (Big) Trouble SDNY District Judge Jed R...