XRP whales have been accumulating since February with only days remaining until the SEC vs. Ripple lawsuit could reach its potential conclusion.
Ripple News

Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP functions as the bridge currency underlying Ripple’s liquidity and exchange product, xRapid, which provides financial institutions a medium for global value transfer between various fiat currencies.
XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
At Cointelegraph, we are chronicling the progress of Ripple Labs (and XRP) as it competes with cryptocurrency protocols and traditional fintech platforms alike.
Stay tuned.
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- Altcoin Watch
XRP price rallied by 20% as investors grew optimistic about Ripple winning its case against the SEC.
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In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.
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Ripple’s CEO Brad Garlinghouse said the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole.
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The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple.
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The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.
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Veteran Ripple executive and former general manager Monica Long said the company has seen record growth in recent months despite the crypto winter.
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A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023.
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Online fraudsters attempt to lure in XRP investors by offering fake staking services with an ROI of up to 31% for a token that is not based on proof-of-stake consensus.
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Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.”
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After a two-year wait, the layer 1 Flare blockchain finally followed through, sending its tokens to those who held XRP at the time of the snapshot.
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Crypto acquisitions in 2023 will further strengthen the industry in the aftermath of casualties like the FTX collapse, a Ripple exec predicts.
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Support for cryptocurrency regulation in the United States is “bipartisan & bicameral,” according to Ripple CEO Brad Garlinghouse.
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SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community.
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The loss represents the collective personal equity of 17 people in the space, including 15 who have lost over half of their fortunes since March.
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