• 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

Polymarkets Surpasses $4 Billion in Total Volume with Chainlink Integration

chest

Polymarkets' five-minute and fifteen-minute crypto markets have surpassed $4 billion in total trading volume, with over $200 million generated in the first week of trading.

user avatarMaria Fernandez

Zcash Surges Past Resistance Level, Analyst Predicts Bullish Trend

chest

Zcash (ZEC) has surged past the resistance level of a Descending Triangle pattern, indicating a potential bullish trend.

user avatarGustavo Mendoza

Solana Price Faces Downward Correction After Failing to Maintain Above 85

chest

Solana's price has dipped below 85, entering a short-term bearish zone, while showing signs of potential consolidation.

user avatarRajesh Kumar

US Treasury Launches Cybersecurity Initiative for Crypto Industry

chest

The US Department of the Treasury has announced a new initiative aimed at enhancing cybersecurity measures for digital asset firms.

user avatarMiguel Rodriguez

Adam Back Responds to Bitcoin Creator Speculations

chest

Cryptographer Adam Back clarifies his tweet 'We Are All Satoshi', denying claims of being Bitcoin's creator and emphasizing the importance of anonymity in the cryptocurrency space.

user avatarLuis Flores

Binance and OKX Founders Clash Again Over Autobiography

chest

The feud between Binance founder Changpeng Zhao and OKX founder Star Xu has resurfaced, sparked by Zhao's autobiography.

user avatarArif Mukhtar

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.