On Wednesday, a federal judge brought the long-pending Securities and Exchange Commission (SEC) court battle to a close, imposing a $125 million penalty on Ripple. The penalty is much closer to Ripple’s bid than the $2 billion the SEC had sought — causing the price of XRP to skyrocket over 20%.

Here’s Why Ripple Might Appeal Groundbreaking XRP Court Ruling

A federal judge has issued a split decision in the long-running legal battle between Ripple and the SEC over XRP. Judge Torres has issued the Final Judgment in SEC vs. Ripple. Judge Torres has issued her ruling on the SEC’s Motion for Remedies. XRP has reacted strongly to the...

BREAKING: Ripple Scores Partial Victory in SEC Battle

The US Securities and Exchange Commission (SEC) has signaled it will not appeal Wednesday’s ruling by Judge Torres in the legal battle with Ripple. The case concluded on August 7 with the company facing a civil penalty significantly less than the SEC originally demanded. Judge Torres’s decision mandated a...

Big News For Ripple: SEC Signals No Plans To Appeal Ruling

XRP surged by more than 27% in the 24 hours after a judge issued a long-awaited order in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. In an order filed on Wednesday, District Judge Analisa Torres imposed a $125 million civil penalty against the San Francisco-based payments company.

XRP Skyrockets by 27% in 24 Hours After Judge Orders Ripple To Pay $125,000,000 in SEC Lawsuit

As part of its multi-year-long litigation with the U.S. Securities and Exchange Commission (SEC), a New York court on Wednesday ordered fintech company Ripple to pay a $125 million fine after finding in July 2023 that its institutional sales of XRP broke federal securities laws. The civil penalty is significantly...

Countdown To $3 XRP Price Milestone Begins As Judge Fines Ripple Just $125 Million In SEC Case

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Crucial Warning Issued to XRP Community in Wake of This Ripple Announcement

Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

The exchange reaffirmed its strict policy against user accounts interacting with the sanctioned crypto mixer. Crypto exchange OKX has issued a warning to Tornado Cash users. The crypto mixer is facing increased scrutiny. Tornado Cash founders are facing legal consequences. Tornado Cash, the anonymizing mixing tool used for obscuring asset...

Tornado Cash Users Risk Account Liquidation, OKX Warns

Savannah, GA

Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Ancient Ethereum Whale Reawakens With 806,351% Profits: Details

A London High Court has imposed a global asset freeze on the fugitive OneCoin founder. OneCoin fraud perpetrator Ruja Ignatova is still on the run. A newly issued court order threatens the Crypto Queen’s freedom. Partial justice has been served in the OneCoin fraud case. The crypto industry has...

UK Freezes Ruja Ignatova’s Assets as Global Hunt Heats Up

Is Saylor responsible for significant Bitcoin price spike?. Popular cryptocurrency influencer Whale Panda recently speculated that MicroStrategy co-founder Michael Saylor was responsible for the swift market recovery. On Thursday, the Bitcoin price came close to reclaiming the $63,000 level despite plunging below the $50,000 level. The massive price jump has...

Did Saylor Single-Handedly Push Bitcoin Higher? Adam Back Weighs In

“Ripple USD will be fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars,” the announcement reads. Ripple plans to launch a stablecoin called Ripple USD (RLUSD) by the end of 2024, available on XRP Ledger and Ethereum. It promises benefits like deep liquidity for certain trading pairs, instant settlements, and programmable finance.

Important Ripple (XRP) Update

Ripple described the limited launch of its much-hyped stablecoin product as a "significant milestone" San Francisco-based enterprise crypto company Ripple has launched its much-hyped stablecoin in private beta, according to a Friday announcement. The Ripple USD (RLUSD) stablecoin will be available for beta testing on both XRPL and Ethereum. During...

Ripple Starts Testing New Stablecoin

While Bitcoin continues to be a fantastic long-term investment, a number of cryptocurrencies could outperform it over the short to medium term. Solana is the leading rival to Ethereum, and could be the next major cryptocurrency to get a spot ETF. Toncoin is a pioneer in the area of tap-to-earn...

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

By popular demand, Terra Luna Classic introduces the Tax2Gas mechanism, opening a new era for LUNC burns. With 5.43T LUNC still in circulation, the community switches to deflationary tactics. Terra Luna Classic capitalizes 6% daily gains after the key burn proposal is approved. Several Terra Classic validators express their reservations...

Terra Luna Classic Moves to Enhance LUNC Burns Via Tax2Gas

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Reuters

(Reuters) - Ripple Labs has been ordered by a Manhattan court judge to pay the U.S. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurrency XRP, according to a court filing.

Ripple ordered to pay $125 million in penalty for improperly selling XRP tokens

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

NewsBreak

Ripple vs. SEC Lawsuit: A Full Timeline of the Legal Battle

The Ripple Labs vs. SEC case has become a landmark legal saga, highlighting the clash between cryptocurrency innovation and regulation. The SEC’s lawsuit against Ripple Labs...

Ripple vs. SEC Lawsuit: A Full Timeline of the Legal Battle

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