2024

James

Coin

<p>Ripple Labs has filed a motion to seal documents related to the remedies phase of its ongoing legal battle with the U.S. Securities and Exchange Commission. Submitted on May 13, 2024, the motion aims to protect sensitive information that Ripple argues could harm its competitive standing and business operations if disclosed publicly. Defense lawyer James K. Filan reported the filing, which occurred before the documents were made public.</p> 
<p>Ripple’s motion aims to safeguard documents concerning potential remedies and sanctions if the court finds the company liable. The legal team emphasizes the need for confidentiality. Exposing proprietary business information and strategic details could give competitors an unfair advantage and damage Ripple’s market position.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRPCommunity</a> <a href="https://twitter.com/hashtag/SECGov?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#SECGov</a> v. <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Ripple</a> has filed a Motion to Seal Certain Documents filed in connection with the <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@SECGov</a>'s Motion for Judgment and Remedies.<br> <a href="https://t.co/BCeLaHOnw0" target="_blank" rel="nofollow">https://t.co/BCeLaHOnw0</a></p>— James K. Filan 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1ee-1f1ea.png" alt="🇮🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@FilanLaw) <a href="https://twitter.com/FilanLaw/status/1790198125459595686?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="strong-potential-impact-of-the-ripple-vs-sec-court-s-decision-strong"><strong>Potential Impact of the Ripple vs SEC Court’s Decision</strong> </h2> 
<p>If the court grants the motion, it will restrict public access to these documents, allowing only the court and relevant parties to review the content. Jonathan Bilich, Ripple’s CFO, supported the motion, warning that denial could severely harm Ripple’s business through potential financial losses, disrupted operations, loss of market confidence, and increased regulatory burdens. Bilich asserts that the motion’s approval is essential to protect Ripple’s stability and market position.</p> 
<p>The motion has elicited mixed reactions within the financial and crypto communities. Transparency advocates argue that public access ensures accountability and fairness, while Ripple supporters emphasize the need to protect sensitive information from competitors.</p> 
<p>The court’s decision on the motion will significantly impact the ongoing case between Ripple and the SEC. A hearing date for the motion has not yet been set, and Ripple is preparing for a prolonged legal battle.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<h2 class="wp-block-heading" id="strong-details-of-ripple-s-filing-strong"><strong>Details of Ripple’s Filing</strong></h2> 
<p><a href="https://x.com/FilanLaw/status/1790200098003030284" target="_blank" rel="nofollow">Ripple’s filing</a> states that the Remedies Materials include confidential information, such as audited financial statements and documents related to ongoing business relationships. Ripple argues that the redactions pertain only to highly sensitive information with minimal bearing on the court’s resolution of the motion for Judgment and Remedies.&nbsp;</p> 
<p>While the SEC has agreed to some requests, it has opposed a few. Ripple believes the court should grant its request for the same reasons it sought sealing and redactions in the Summary Judgment.</p> 
<p>CFO Jonathan Bilich emphasized the company’s commitment to safeguarding its sensitive and proprietary business information, stating that disclosure would harm Ripple’s business relationships and competitive standing.</p> 
<h2 class="wp-block-heading" id="strong-xrp-s-super-guppy-cycle-top-prediction-for-september-2024-strong"><strong>XRP’s Super Guppy Cycle Top Prediction for September 2024</strong></h2> 
<p>Additionally, EGRAG Crypto, a top analyst, has <a href="https://x.com/egragcrypto/status/1790267231646937535" target="_blank" rel="nofollow">highlighted</a> a potential cycle top for XRP price chart in September 2024 based on the Super Guppy indicator. </p> 
<p>In a tweet, EGRAG Crypto recommended revisiting his earlier analysis from May 5th, which discusses the 21 EMA and 55 MA on the 2-weekly timeframe, suggesting this potential peak.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="447" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-1024x447.png" alt="" class="wp-image-490702" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-1024x447.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-300x131.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-768x335.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-1536x670.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-2048x893.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-344x150.png 344w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-802x350.png 802w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386-788x343.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-386.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>According to his analysis, the current cycle, which began in November 2023, could follow a pattern similar to Cycle 1. Additionally, it would take 287 days to reach its peak, leaving approximately 112 days until the expected cycle top.</p> 
<p>EGRAG Crypto’s tweet emphasizes that while Cycle 2’s timeframe has already passed, the current cycle (Cycle 3) may still be on track for a September peak if it follows Cycle 1’s duration. This prediction has stirred interest within the <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank">XRP</a> community, urging holders to remain patient and steady as the market approaches this critical juncture.</p> 
<p>Therefore, the analyst’s insights provide a key point of reference for investors monitoring XRP’s market trends and potential future movements. Hence, the court’s decision on Ripple’s motion to seal documents will be a critical moment in the ongoing legal battle. Moreover, as the crypto community watches, Ripple’s efforts to protect its sensitive information underscore the high stakes involved in this landmark case.</p> 
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/tether-usdt-ceo-defends-compliance-measures-amid-ripple-xrp-ceos-criticism/" target="_blank"><strong><em>Tether (USDT) CEO Defends Compliance Measures Amid Ripple (XRP) CEO’s Criticism</em></strong></a></p> 
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noreferrer noopener nofollow">FREE Telegram community.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/ripple-seeks-confidentiality-in-sec-case-as-top-analyst-predicts-xrp-price-will-peak-by-september/">Ripple Seeks Confidentiality in SEC Case, as Top Analyst Predicts XRP Price Will Peak by September</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple Seeks Confidentiality in SEC Case, as Top Analyst Predicts XRP Price Will Peak by September

Índice

CaptainAltcoin

Outros artigos publicados em 14 de mai. de 2024

Ethereum’s Vitalik Buterin Suggests Major Revamp of Gas Model

Why KangaMoon Will Join The Big Boys, Can Render Replace Dogecoin In The Top 10?

Coinbase vs SEC: Shocking Memo Sparks CLO’s Criticism Over Wells Process in Debt Box Suit

FLOKI Price Soars 10% As Token Burn Proposal Gains Majority Support

BlockDAG Leads the Crypto Revolution As Top Crypto Coin to Watch With $25.7M Presale: Key Updates...

What is Notcoin, the rarely supported by both Binance and OKX?

Receba nossa newsletter para saber diariamente as novidades das criptomoedas!