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Ripple Labs
On May 8, the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) moved a step … Continue reading
The post Ripple v. SEC court case finally ends appeared first on Finbold.
Ripple Labs’ completed its scheduled monthly rebalancing on May 1, moving 1 billion XRP and relocking a significant portion of … Continue reading
The post Ripple re-locks 700 million XRP in May, calming market fears appeared first on Finbold.
XRP rose 3% in the last hour.
Fairshake will have a whopping $103 million to spend on the next U.S. congressional election — so far — thanks to another $25 million just promised from Ripple Labs.
This latest contribution puts the political action committee in a powerful position to repeat its successes from this year’s elections, in which dozens of its favored pro-crypto candidates won their races.
Ripple co-founder and Executive Chairman Chris Larsen said he’d added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next month’s election.
A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo.
The spike in trading activity came after a partial win in a lawsuit against the SEC.