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Hello everyone, It's been a long time without posting anything. I'll give more details as the situation evolves. We were waiting (and waiting) for Coinfield to respond to our "illegal" lock of our corporate account. They will liquidate part of our account. It's completely illegal to do so and implies they are doing "things" that I will detail in the next posts. But just remember a few things - they pass as a Canadian exchange but after some research I can tell you they are not anymore. Last year, they moved their headquarter to Estonia - they "shadow" Bitrue pairs
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PrimeXBT Lead Analyst Kim Chua: XRP To Miss The Bull Run Due To SEC Lawsuit But It Is Down, But Not Out "PrimeXBT’s lead analyst Kim Chua has the opinion that the SEC will clear XRP eventually but impose a fine on Ripple for not having made clear distinctions on Ripple and XRP in the past. Ripple and.." See the full article on the outlook of XRP and the Ripple Lawsuit
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Hey guys, TL;DR: a new lawsuit or complaint for several legal claims, including breach of contract, fraud and tortious interference with contract, has been filed against Ripple (the company). Creditcare Technology Corporation (based out of Palo Alto, CA) recently filed a lawsuit against Ripple Labs, Inc. on October 13, 2020. At the heart of this dispute appears to be one of Creditcare's biggest clients, TLM Remittance Center SDN, a company based in Malaysia that was looking to process $240 million USD in remittances using blockchain. TLM terminated their agreement with Creditcare and signed
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Guys, Below is your September 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, September 6, 2020, there appears to be three (3) open or active cases Ripple Labs, Inc is involved with and litigating. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (closed) 6.) 2017 - R3 v. Ripple (Delaware) (closed) 7.) 2017
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Guys, Below is your May 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, May 4, 2020, there are four (4) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new securities related lawsuit was filed against Ripple Labs, Inc. last week. That is three, securities related lawsuits Ripple is now defending. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripp
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Guys, Below is your March 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, March 20, 2020, there are two (2) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new lawsuit was filed against Ripple Labs, Inc. on March 12, 2020. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (clo
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Hey guys, TLDR: a new lawsuit or complaint for patent infringement has been filed against Ripple (the company). Cooperative Entertainment, Inc. (based out of Raleigh, NC) recently filed a lawsuit against Ripple Labs, Inc. on 9/25/2019. The patent in dispute (U.S. Patent No. 9,432,452) was filed in 2013 by Cooperative Entertainment - https://patents.google.com/patent/US9432452. As of today (10/30), Ripple (the company) has not responded to the complaint. Here is a more detailed analysis of the lawsuit or complaint: 1) Cooperative Entertainment, Inc. is a company based out of Rale
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https://xrpripplenews.com/2020/01/15/ripples-class-action-lawsuit-is-dimissed-in-court/
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Guys, Not sure about you, but it feels like every other day a new lawsuit is filed against Ripple. So, in the interest of keeping everything straight and knowing where Ripple (company) is with each court or legal case, avoiding the FUD, below is a list of every lawsuit Ripple Labs, Inc. has been involved with in the U.S. court system, all in chronological order since the company's inception in 2012. The open or active cases are in bold. 1.) 2014 - Ripple vs. LaCore Enterprises (closed or not active) 2.) 2015 - Ripple vs. Kefi Labs (closed or not active) 3.) 2015 -
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fyi : Lawsuit against Tether and Bitfinex for manipulating cryptomarket. No surprise, but at least there is some progress. You can read the details about it here: https://www.courtlistener.com/docket/16298999/leibowitz-v-ifinex-inc/ ...and there are many tweets posted regarding this topic
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Blog URL: https://coil.com/p/Hodor/Big-Numbers-Big-Money/GlUQMw5IS The market for XRP involves numbers that require scientific notation! In today's blog, I talk about the size of XRP's use cases, and discuss all the latest news to impact XRP, including updates to @coil and @cinnamon: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: CME is planning on implementing options along with their Bitcoin futures. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: The company's corporate website undergoes a RippleNet-centric makeover, revealing two new customers in the meantime; KPMG chooses to highlight quotes from Marcus Treacher in their latest
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Keep an eye on lazy, indifferent cell phone service providers: https://news.livecoinwatch.com/att-slammed-224-million-crypto-lawsuit/
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Here's another take on the matter... Ripple (XRP) Given Opportunity To Prove Itself By Ulysses Smith - May 8, 2018 https://stocksgazette.com/2018/05/08/ripple-xrp-given-opportunity-to-prove-itself/ "The Class Action suit brought against Ripple (XRP) by James Coffey has attracted sharp reactions from the Twitter community; with many holding the view that it’s misplaced and doesn’t represent all the XRP investors as termed in the suit. And to some, this is an opportunity for Ripple to prove what it has maintained all along: XRP isn’t and doesn’t qualify as a security." "
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Potentially bad news for Ripple and its native token's price in the following very short article: https://www.bloomberg.com/news/articles/2018-03-12/ripple-loses-bid-to-keep-its-cryptocurrency-fight-in-california
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Guys, While searching for a Ripple Labs vs. R3 update in the California court records, a different court case came to my attention. Tony Petrucci of North Carolina (plaintiff) is suing Ripple Labs, Inc. (defendant) for $5,885.68 USD in small claims court because "21,798.84 Units of currency (XRP) (was) not accessible due to upgrades by Ripple Labs, Inc. that I was not made aware of." According to the complaint (see pictures below), this allegedly happened on 6/19/2017. When asked how the plaintiff (Tony Petrucci) calculated the money owed to him, his answer under oath stated "curr
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Hey guys, Happy Thanksgiving. Hope you all have a safe and fun holiday with your friends and family. A while back, my first post highlighted the legal dispute between Ripple Labs, Inc. and R3, providing this community the documents filed in court ( https://www.xrpchat.com/topic/9857-ripple-labs v-r3-actual-court-documents/ ) That legal dispute is still ongoing in two different jurisdictions right now (CA and NY). A main document that was missing from my original post (and the court records) was the Technology Provider Agreement or TPA that was executed between both parties, R
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Quick update on the Ripple Labs v. R3 lawsuit filed in California back in September 2017. 1.) Plaintiff-Ripple recently requested Defendant-R3 to answer some questions through "interrogatories." An interrogatory is a written question that is formally put to one party in a case by another party and that must be answered. This would be the start of the discovery phase. 2.) Ripple also requested documents and communications from R3. Ripple requested all documents and communications: a.) related to Project Xenon, the agreements between both parties and anything tied to the litiga
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Hey Guys, Just to recap. A civil court case was filed by Ripple Labs against R3 in California on September 8, 2017. Ripple Labs is the plaintiff in one case (California) and the defendant in the other case (New York). This post goes into detail about the case filed in California. Foremost, this post has nothing to do with Ripple’s “procedural” win in Delaware earlier this month. Despite a tweet and some previous posts within this forum and on Reddit, yes, this case is still active (the case in New York is still active as well). Anything stating otherwise is incorrect. Yesterday, Oc
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This blog entry is my pre-SWELL round-up of significant crypto news items affecting XRP and Ripple. I discuss a variety of Ripple and XRP-related items, and also cover the Bitcoin fork(s) news. As always, please leave any feedback re: my blog below, and thank you sincerely for sharing my blog with others. Hope you enjoy & good luck to the Ripple team preparing for the big day tomorrow! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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The "R3 Sues Ripple Over $1 Billion XRP Options Contract" article which can be found here https://www.cryptocoinsnews.com/1-billion-ripple-r3-file-dueling-lawsuits-over-cancelled-partnership/ raises some eyebrows. The core of the disagreement centers on an options contract that gave R3 the right to purchase up to 5 billion XRP for $0.0085 per unit–or $42.5 million for the entire amount–until September 2019. how will the markets react when and if R3 exercises its option.
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A year ago, Ripple gave R3 an out-of-the-money call option to buy 5 billion XRPs at $0.0085 apiece. Now that the price of XRP has gone up by 4000%, the option is worth a billion dollars and represents R3’s single most valuable asset. Ripple wants to renege, and R3 is understandably annoyed. https://elaineou.com/2017/09/10/r3-should-have-used-a-smart-contract/?utm_content=buffer7cbc7&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
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I've take a close look at the history of R3, and I provide my own opinion of the current legal conflict between R3 and Ripple. I'll be honest.. the more I read about R3, the less favorable was my impression of their C-level decision making. Hope you enjoy the read - please leave any feedback here, and please feel free to share on any other media! My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread