• 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

2 years 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

Drift Protocol Announces Recovery Plan Following Major Hack

chest

Drift Protocol has announced a comprehensive recovery plan to compensate users affected by the recent hack attributed to North Korean hackers.

user avatarLuis Flores

AI Transforms Brazilian Nursery Rhyme into 1950s Blues Track

chest

An account named IABatida has turned the popular Brazilian children's song 'O Sapo no lava o pé' into a 1950s-style blues track featuring AI-generated frogs.

user avatarArif Mukhtar

Analyst Warns of Imminent Bitcoin Price Crash

chest

A crypto market analyst warns of a potential Bitcoin price crash 750 days after the last halving event.

user avatarMaria Gutierrez

Bitcoin Whales Accumulate Coins, Exchange Reserves Hit 7-Year Low

chest

Bitcoin whales have accumulated around 270,000 BTC from exchanges, causing reserves to hit a 7-year low.

user avatarDavid Robinson

GPT55 Instant Enhances Accuracy and Personalization for ChatGPT Users

chest

GPT55 Instant improves accuracy and personalization for ChatGPT users, particularly in medical responses.

user avatarAndrew Smith

OpenAI Introduces GPT55 Instant as Default Model for ChatGPT Users

chest

OpenAI has launched GPT55 Instant as the default model for ChatGPT users, enhancing user experience by reducing hallucinations and improving accuracy.

user avatarJacob Williams

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.