{"id":549289,"date":"2023-08-29T16:00:13","date_gmt":"2023-08-29T16:00:13","guid":{"rendered":"https:\/\/uniquehot.com\/?p=549289"},"modified":"2024-06-11T08:16:01","modified_gmt":"2024-06-11T08:16:01","slug":"ripple-party-sec","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/ripple-party-sec\/","title":{"rendered":"Party In The USA: Ripple Gets Ready To Properly Celebrate Triumph Over SEC"},"content":{"rendered":"

The Ripple community is currently at the edge of their seats after the company\u2019s founder and CEO made announcements to officially host a party to commemorate the cryptocurrency\u2019s triumph against the US SEC.\u00a0<\/span><\/p>\n

Hosting A Grand Celebratory Bash<\/h2>\n

Ripple, a leading global payments network, declared openly on Monday, August 28, its intentions to throw a dedicatory party to honor its <\/span>win<\/span><\/a> over the United States Securities and Exchange Commission (SEC).\u00a0<\/span><\/p>\n

Ripple\u2019s win against the US SEC is not only a positive result for the cryptocurrency, but a significant milestone for the cryptocurrency industry in regards to <\/span>regulatory clarity and transparency<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: JP Morgan Explains Why Bitcoin Price May Not Fall Further<\/a><\/div>\n

It\u2019s understandable the relief the Ripple community feels after going through many hurdles that came with the SEC lawsuit, not just in monetary losses, but in its reputation and position as a cryptocurrency with as much potential as Bitcoin.\u00a0<\/span><\/p>\n

Ripple has disclosed some information about the celebratory party on <\/span>X<\/span><\/a> (formerly known as Twitter). The cryptocurrency firm stated that the party will be hosted in New York City on Friday, September 29, emphasizing to the general public to \u201csave the date\u201d and look forward to a great celebration.<\/span><\/p>\n

\u201cWe\u2019re hosting a community celebration on September 29 in New York City! Stay tuned for more details to come later this week,\u201d Ripple tweeted.<\/span><\/p>\n

The CEO of Ripple, Brad Garlinghouse also took to X, enthusiastically informing the public of the date of the party and how he looks forward to properly commemorating the cryptocurrency\u2019s victory against the US SEC.\u00a0<\/span><\/p>\n

\u201cAs promised \u2013 it\u2019s time for that proper victory party,\u201d Garlinghouse said. \u201cThe last few years have been quite the journey and I look forward to sharing a celebratory toast on Sept 29 in NYC!\u201d<\/span><\/p>\n

\"Ripple<\/p>\n

Token maintains above $0.51 as Ripple celebrates | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
The Spin-Off From Ripple And SEC Lawsuit<\/h2>\n
Ripple and the US SEC have been embroiled in a lawsuit for years. The SEC first filed a lawsuit against Ripple in 2020, alleging that the cryptocurrency firm was selling unregistered securities in its native token, XRP.\u00a0<\/span><\/p>\n
Instead of accepting the SEC\u2019s demands and paying the liabilities, Ripple responded to the allegations by engaging in a <\/span>legal battle<\/span><\/a> that has been ongoing for about three years.\u00a0<\/span><\/p>\n
During those years, Ripple has lost hundreds of millions of dollars in its effort to defend against the SEC\u2019s allegations. Its native cryptocurrency was delisted from several exchanges including Bitstamp. The token also suffered from massive liquidations in the XRP futures contract.<\/span><\/p>\n
It was only this year that things started turning around for the cryptocurrency after Judge Analisa Torres ruled in favor of Ripple and declared that programmatic XRP sales should not be labeled a security.\u00a0<\/span><\/p>\n
Related Reading: Binance Will Halt These 39 Liquidity Mining Pools This Week<\/a><\/div>\n
XRP sales jumped following Ripple\u2019s partial win against the SEC. The cryptocurrency firm also inked a new partnership with <\/span>Mastercard<\/span><\/a> and is poised to be listed on <\/span>Gemini<\/span><\/a>.\u00a0<\/span><\/p>\n
Even though the <\/span>SEC is not too happy with Ripple\u2019s win<\/span><\/a> over the case and has submitted an interlocutory appeal against the cryptocurrency firm, XRP\u2019s price remains somewhat stable. The crypto firm has also remained strong and enjoyed the support of notable cryptocurrency enthusiasts including Pantera CEO, Dan Morehead who labeled Ripple\u2019s victory as a \u201c<\/span>positive black swan<\/span><\/a>.\u201d<\/span><\/p>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The Ripple community is currently at the edge of their seats after the company\u2019s founder and CEO made announcements to officially host a party to commemorate the cryptocurrency\u2019s triumph against the US SEC.\u00a0 Hosting A Grand Celebratory Bash Ripple, a leading global payments network, declared openly on Monday, August 28, its intentions to throw a dedicatory party to honor its win over the United States Securities and Exchange Commission (SEC).\u00a0 Ripple\u2019s win against the US SEC is not only a positive result for the cryptocurrency, but a significant milestone for the cryptocurrency industry in regards to regulatory clarity and transparency.\u00a0 Related Reading: JP Morgan Explains Why Bitcoin Price May Not Fall Further It\u2019s understandable the relief the Ripple community feels after going through many hurdles that came with the SEC lawsuit, not just in monetary losses, but in its reputation and position as a cryptocurrency with as much potential as Bitcoin.\u00a0 Ripple has disclosed some information about the celebratory party on X (formerly known as Twitter). The cryptocurrency firm stated that the party will be hosted in New York City on Friday, September 29, emphasizing to the general public to \u201csave the date\u201d and look forward to a great celebration. \u201cWe\u2019re hosting a community celebration on September 29 in New York City! Stay tuned for more details to come later this week,\u201d Ripple tweeted. The CEO of Ripple, Brad Garlinghouse also took to X, enthusiastically informing the public of the date of the party and how he looks forward to properly commemorating the cryptocurrency\u2019s victory against the US SEC.\u00a0 \u201cAs promised \u2013 it\u2019s time for that proper victory party,\u201d Garlinghouse said. \u201cThe last few years have been quite the journey and I look forward to sharing a celebratory toast on Sept 29 in NYC!\u201d Token maintains above $0.51 as Ripple celebrates | Source: XRPUSDT on Tradingview.com The Spin-Off From Ripple And SEC Lawsuit Ripple and the US SEC have been embroiled in a lawsuit for years. The SEC first filed a lawsuit against Ripple in 2020, alleging that the cryptocurrency firm was selling unregistered securities in its native token, XRP.\u00a0 Instead of accepting the SEC\u2019s demands and paying the liabilities, Ripple responded to the allegations by engaging in a legal battle that has been ongoing for about three years.\u00a0 During those years, Ripple has lost hundreds of millions of dollars in its effort to defend against the SEC\u2019s allegations. Its native cryptocurrency was delisted from several exchanges including Bitstamp. The token also suffered from massive liquidations in the XRP futures contract. It was only this year that things started turning around for the cryptocurrency after Judge Analisa Torres ruled in favor of Ripple and declared that programmatic XRP sales should not be labeled a security.\u00a0 Related Reading: Binance Will Halt These 39 Liquidity Mining Pools This Week XRP sales jumped following Ripple\u2019s partial win against the SEC. The cryptocurrency firm also inked a new partnership with Mastercard and is poised to be listed on Gemini.\u00a0 Even though the SEC is not too happy with Ripple\u2019s win over the case and has submitted an interlocutory appeal against the cryptocurrency firm, XRP\u2019s price remains somewhat stable. The crypto firm has also remained strong and enjoyed the support of notable cryptocurrency enthusiasts including Pantera CEO, Dan Morehead who labeled Ripple\u2019s victory as a \u201cpositive black swan.\u201d Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":549309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,17209,89256,3799,89194,4531],"class_list":["post-549289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-ripple-news","tag-ripple-victory","tag-sec","tag-sec-news","tag-xrp"],"acf":[],"yoast_head":"\nParty In The USA: Ripple Gets Ready To Properly Celebrate Triumph Over SEC<\/title>\n<meta name=\"description\" content=\"Ripple founder and CEO has made announcements to 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Party In The USA: Ripple Gets Ready To Properly Celebrate Triumph Over SEC","url":"http:\/\/uniquehot.com\/news\/ripple\/ripple-party-sec\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/ripple-party-sec\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/iStock-1365598845-1-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/iStock-1365598845-1-1.jpg?fit=2131%2C1406"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","ripple news","ripple victory","sec","sec news","xrp"],"dateCreated":"2023-08-29T16:00:13Z","datePublished":"2023-08-29T16:00:13Z","dateModified":"2024-06-11T08:16:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Party In The USA: Ripple Gets Ready To Properly Celebrate Triumph Over SEC\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/ripple-party-sec\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/ripple-party-sec\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1365598845-1-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1365598845-1-1.jpg?fit=2131%2C1406\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"ripple news\",\"ripple victory\",\"sec\",\"sec news\",\"xrp\"],\"dateCreated\":\"2023-08-29T16:00:13Z\",\"datePublished\":\"2023-08-29T16:00:13Z\",\"dateModified\":\"2024-06-11T08:16:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/iStock-1365598845-1-1.jpg?fit=2131%2C1406","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/549289"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=549289"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/549289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/549309"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=549289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=549289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=549289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}