• 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

OpenAI Refines Models Based on User Feedback

chest

OpenAI is refining its models based on user feedback to improve conversational quality and user satisfaction.

user avatarDavid Robinson

OpenAI Announces Retirement of GPT4o and Other Models

chest

OpenAI announces the retirement of several ChatGPT models, including GPT4o, to focus on newer versions like GPT5.

user avatarAndrew Smith

Agreement Ensures Economic Stability and Continuity of Services

chest

The agreement prevents substantial economic disruption and ensures continuity of essential government functions.

user avatarJacob Williams

Corporate Filings Indicate Merger Preparations

chest

Recent corporate filings suggest that Musk's companies are preparing for significant transactional activity.

user avatarZainab Kamara

Zero Knowledge Proof Project Launches Presale Phase

chest

The Zero Knowledge Proof (ZKP) project has entered a presale phase, offering a privacy-preserving AI network with significant growth potential.

user avatarSon Min-ho

CEPT Shares Surge Amid Broader Crypto Market Decline

chest

CEPT shares rose by 44% amid a decline in many crypto-linked equities, indicating a shift in investor sentiment towards tokenization infrastructure.

user avatarAyman Ben Youssef

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.