• 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

OTC Trading Growth Reflects Maturation of Cryptocurrency Markets

chest

The growth of OTC trading is seen as evidence of market maturation rather than fragmentation.

user avatarZainab Kamara

Surge in OTC Trading Volumes Signals Shift in Cryptocurrency Market Dynamics

chest

The cryptocurrency industry is experiencing a transformation with OTC trading volumes surging by 109% year over year, indicating a shift in institutional trading dynamics.

user avatarAndrew Smith

Delaware Court Rules on Clawback Complexities Involving Justin Sun

chest

A Delaware court ruled on complexities related to clawback actions involving Justin Sun, impacting FTX's recovery efforts.

user avatarJacob Williams

Strategic Implications of AI Talent Redistribution

chest

The movement of AI talent is reshaping safety standards and development trajectories in the industry.

user avatarSon Min-ho

Trump Administration Plans to Deploy Private Military Contractors to Venezuela

chest

The Trump administration is reportedly planning to deploy private military contractors to Venezuela to protect oil interests.

user avatarAyman Ben Youssef

Cake Wallet's Zcash Integration Enhances Privacy Features

chest

Cake Wallet's integration of Zcash enhances privacy features and introduces NEAR Intents for cross-chain swaps.

user avatarTando Nkube

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.