• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Extensive XRP Transfers and Bitnomial's Suit: SEC Under Threat

user avatar

by Giorgi Kostiuk

a year ago

Crypto watchers noted significant XRP transactions amidst legal battles between Ripple and the SEC.

Millions of XRP on the Move

A total of over 216 million XRP was transferred. Specifically, 52 million XRP were sent to Bybit, followed by a withdrawal of 30 million XRP. The largest transaction was 104,035,551 XRP, sparking considerable interest in the XRP community.

104,035,551 XRP (55,979,341 USD) transferred from unknown wallet to unknown new wallet.Whale Alert

Reactions to the Latest Ripple Events

Last week, the SEC attempted to appeal the recent case against Ripple, but the court reduced the fine amount. These events follow SEC's attempts to classify XRP as a security.

Bitnomial's Lawsuit Against SEC

Crypto exchange Bitnomial sued the SEC, accusing the regulator of overreaching its jurisdiction over digital asset derivatives. Bitnomial claims their products fall under CFTC jurisdiction and seeks formal protection in court.

Bitnomial is seeking a formal judgment to protect futures markets participants from SEC's overreach.Bitnomial

Recent events draw attention to SEC actions and the future of XRP amidst ongoing jurisdictional legal battles over crypto instruments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

PEPE Coin Enters Deeper Corrective Phase Following Significant Selloff

chest

PEPE has entered a deeper corrective phase following a significant selloff, experiencing a 48% decline in value and trading around its yearly low.

user avatarLi Weicheng

Nevada Takes Legal Action Against Coinbase Over Event Contracts

chest

The Nevada Gaming Control Board has filed a lawsuit against Coinbase for offering event contracts that resemble unlicensed sports betting.

user avatarAisha Farooq

OpenAI's Sam Altman Critiques Anthropic's Super Bowl Ads

chest

OpenAI CEO Sam Altman critiques Anthropic's Super Bowl ads, praising their humor but calling them dishonest, highlighting the rivalry between the two AI companies.

user avatarTenzin Dorje

Anthropic Takes Aim at OpenAI with Super Bowl Ads

chest

Anthropic launches its first Super Bowl ad campaign targeting OpenAI's decision to include ads in ChatGPT, highlighting potential disruptions to user interactions.

user avatarBayarjavkhlan Ganbaatar

Increased Social Media Interest in Ethereum Amid Market Fluctuations

chest

Ethereum is seeing heightened interest on social media due to its price movements and investment strategies.

user avatarElias Mukuru

Leaked Emails Show Bill Gates Foundation Evaluating Ripple's Technology

chest

Leaked emails from the Bill Gates Foundation reveal early assessments of Ripple and Stellar compared to the Mojaloop payment platform.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.