• 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

Optimistic Analysts Suggest Dogecoin May Be Preparing for Bull Run

chest

Analyst Trader Tardigrade suggests Dogecoin may be preparing for a bull run as it retests a historical support level, indicating potential recovery and price expansion.

user avatarMaria Fernandez

NVIDIA Faces Class Action Lawsuit Over Concealed Cryptomining Sales

chest

A US federal judge has allowed a class action lawsuit against NVIDIA to proceed, alleging the company concealed over $1 billion in cryptomining-related sales.

user avatarRajesh Kumar

Binance Seeks Settlement with Nigerian Tax Authorities Over $2 Billion Claim

chest

Binance is seeking an out-of-court settlement with Nigeria's tax authorities over a $2 billion claim for unpaid taxes.

user avatarMiguel Rodriguez

BabyDoge and Dogwifhat Experience Short-Term Price Increases

chest

BabyDoge and Dogwifhat have experienced short-term price increases of 2.36% and 3.94% respectively, reflecting ongoing interest in meme coins.

user avatarLuis Flores

Massive Ethereum Purchase Linked to Bitmine

chest

An unmarked wallet acquired 10,698 million worth of Ethereum in a single transaction, potentially linked to Bitmine.

user avatarArif Mukhtar

FTC Targets Debanking Practices in Warning to Payment Processors

chest

The FTC has issued warning letters to payment processors regarding debanking practices that deny lawful customers access to financial services based on political beliefs.

user avatarMaria Gutierrez

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.