Ripple faces securities suit in California over CEO’s ‘misleading statement’
Judge Phyllis Hamilton found XRP could be a security when sold in the retail market and gave the go-ahead to a lawsuit over statements from Ripple CEO Brad Garlinghouse.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Judge Phyllis Hamilton found XRP could be a security when sold in the retail market and gave the go-ahead to a lawsuit over statements from Ripple CEO Brad Garlinghouse.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Gemini Can’t Shed Its CFTC Consent Order Even With the Agency’s Backing, Judge Rules
A federal judge in Manhattan on Thursday refused to vacate Gemini’s 2025 settlement with the Commodity Futures Trading Commission,...
Judge Rejects Gemini And CFTC Bid To Overturn $5 Million Settlement
TL;DR: A federal judge has rejected a joint attempt by Gemini and the Commodity Futures Trading Commission to overturn the exchang...
Judge Refuses to Erase Gemini’s $5M Settlement Despite CFTC Reversal
In a rare courtroom reversal, the Commodity Futures Trading Commission (CFTC) joined cryptocurrency exchange Gemini in asking a fe...
Ripple RLUSD Hits $2.5B, Enters Cross River Banking Stack for 24/7 Payme
Key Takeaways: RLUSD integration is being made by Cross River into the core banking infrastructure of the XRP Ledger. Fintechs wil...
Ripple Prime launches 24/7 swaps on real-world assets via Hyperliquid platform
Ripple Prime's 24/7 swaps could boost institutional blockchain adoption, potentially enhancing Hyperliquid's market value and appe...