Founder of Prometheum Backs SEC in Ripple Lawsuit, Sparking Reactions from XRP Community

Aaron Kaplan, the co-CEO and founder of crypto broker Prometheum, has recently expressed his support for the United States Securities and Exchange Commission (SEC) in the ongoing lawsuit against blockchain company Ripple. In an interview on the Daily Drop show, Kaplan shared his belief that the SEC is likely to emerge victorious in the case.

Timeline of Xrp

XRP, the native token to the most prominent international money transfer protocol, is up 1% in the last 24 hours and trading marginally above $0.48. A bullish wave has been traversing the market following the mid-week sell-off triggered by remarks made by the Federal Reserve Chair, Jerome Powell when he announced a pause on interest

To improve the country's high-value payment system, Colombia's central bank is experimenting with Ripple's new end-to-end central bank digital currency technology. How will this collaboration affect the price of XRP?

Hinman documents recently made public have exposed internal tensions within the U.S. Securities and Exchange Commission (SEC), raising concerns about the agency's intentions in the continuing legal battle with Ripple. The documents revealed the SEC's position on crypto, which impacted investor safety.

Ripple chief executive Brad Garlinghouse slammed the U.S. Securities and Exchange Commission (SEC) this week following the public release of long-awaited documents in the company's ongoing legal battle with the regulator.

According to crypto lawyer Fred Rispoli, the Hinman documents depict an agency prioritizing expanding its jurisdiction over fulfilling its core responsibility of safeguarding U.S. investors.

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seem to be on the same page about the documents known as the Hinman Emails: The former official's past remarks shouldn't govern current policy.

Ripple, a global leader in blockchain solutions, has teamed up with Banco de la República, Colombia's central bank, to explore the potential use cases of blockchain technology in the country's high-value payment system.

The long-anticipated disclosure of the Hinman documents this past week held the potential to make a significant impact on the price of XRP. This popular digital asset has become the center of attention in the U.S. Securities and Exchange Commission's (SEC) case against Ripple Labs.

Ripple, a leading enterprise in blockchain and crypto solutions, has announced a partnership with Colombia's Central Bank, Banco de la República, to explore and implement use cases for blockchain technology. This collaboration is part of the third phase of blockchain experimentation led by The Ministry of Information and Communications Technologies (MinTIC).

In the ever-evolving landscape of crypto and blockchain technology, the XRP Ledger (XRPL) has been a prominent player since its inception. However, market observers have highlighted a surprising trend of significant XRPL account deletions, constituting one of the largest spikes in its history.