Recommended
Ripple vs SEC News: The SEC has Dropped Charges Against Ripple CEO Garlinghouse and Larsen
2023/10/30By:
The Securities and Exchange Commission (SEC) recently stated in a court filing in the Southern District of New York that it will no longer be pursuing civil charges against Christian Larsen and Brad Garlinghouse, two executives at Ripple.
The parties have settled their complaint against the two executives, according to a document filed on Thursday. Because of this, the lawsuit is now permanently dismissed. However, as stated in the filing, the SEC will move forward with its claims against Ripple.
For nearly three years, Chris and I have been dealing with bogus claims from a regulator with what we feel to be a political agenda,” Garlinghouse said. Moreover, he said, “instead of focusing on pursuing those responsible for illicit activities involving customer funds on offshore exchanges, which were seeking political support, the SEC chose to target individuals they consider to be on the right side of the law.”
Ripple’s chief legal officer, Stuart Alderoty, referred to the SEC’s action as a “surrender” rather than a settlement, and the company issued a statement calling the SEC’s decision a “stunning capitulation.”
In a post on X (formerly Twitter) on October 19, Brad Garlinghouse said that the SEC had unfairly singled him and Chris out in an aggressive effort to ruin both them as individuals and the company they had spent a decade building.
Why Did the SEC Reject the Ripple Leaders’ Charges?
There is some mystery behind the SEC’s decision to withdraw charges against Garlinghouse and Larsen before their trial in April of 2024.
According to Cboe Digital’s chief legal officer Katherine Kirkpatrick, this could be a sign that the SEC plans to appeal the court judgment over XRP’s classification as a security. Normally, such an appeal wouldn’t be filed until after the trial was over.
Download App for Android | Download App for iOS |
When Will Ripple Finally Overtake SEC?
Although the dismissal is a major win for Ripple’s management, the SEC’s investigation into Ripple Lab continues.
Unfortunately, it appears that April will not be a good month for a trial. An appeal of Judge Torres’s ruling on the legality of programmatic sales and other distributions of XRP by the SEC is still possible.
Why Trade XRPUSDT Futures on BTCC
To trade Ripple (XRP) futures, you can choose BTCC crypto exchange.BTCC was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.
We specializes in crypto futures contract trading, offering perpetual futures contracts. The maximum leverage offered by BTCC for daily futures contracts is 150x. The vast variety of futures offered by BTCC accommodates the trading habits and objectives of both novice and seasoned traders.We offer the USDT-margined futures and Coin-margined futures . Users can trade futures using USDT or cryptos like BTC, ETH, and Ripple (XRP). And Large orders of up to 300 BTC can be executed at the top price levels.
Here are the main advantages of using the BTCC crypto exchange to trade Ripple (XRP) futures:
- Largest variety of futures: Daily and Perpetual futures
- Flexible leverage from 10x to 150x
- Lowest trading fees 0.03%
- Industry-leadingmarket liquidity
- Plenty of campaigns to win exciting rewards
BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to 3,500 USDT in bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels.
BTCC also provides many campaigns and you can participate to win exciting rewards. Find out what campaigns are available now: https://www.btcc.com/en-US/promotions.
Download App for Android | Download App for iOS |
How to Trade XRPUSDT Futures on BTCC ?
To trade XRPUSDT Futures on BTCC, follow these simple steps:
- Create an account
Go to the BTCC website and fill out the registration form with the necessary details. Finish the checks to make sure you’re in line with the stock exchange’s rules.
- Deposit funds
Fund your BTCC wallet once your account has been created and verified. You can fund your BTCC account with a number of different cryptocurrencies and fiat currencies.
- Navigate to the crypto trading section
You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
After deciding which type of deal you want to make, you can enter the amount of crypto you like to buy or sell, as well as your preferred price (if necessary). If everything checks out, go ahead and make the deal.
- Monitor and manage your trades
Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
Before becoming involved in any kind of trading, make sure you’ve done your homework. Due to the extreme volatility of the cryptocurrency markets, it is crucial to have a well-defined trading strategy and risk management framework in place. To successfully trade crypto on the BTCC market and take advantage of the chances it provides, follow these procedures and keep yourself updated.
How to Trade Tether (USDT) on BTCC
- Mobile App
-
- 1. Download the BTCC App via App Store or Google Play
- 2. Register and verify your account, or log in to your BTCC account.
- 3. Tap ‘Buy Crypto’.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 4. Enter the amount you would like to buy in USDT.
- 5. Select a service provider and proceed to payment.
- Web Platform
1.Is BTCC safe?
Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.
2.Is it possible for me to invest in BTCC?
Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.
3.Can I Trade BTCC in the U.S?
Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.
What is Ripple? What is Ripple (XRP)? Guide For Dummies
What is the Difference Between Bitcoin and Ripple?
How to Trade Ripple (Ripple (XRP)) Futures on BTCC
BTCC Guide-How to Deposit Crypto on BTCC?
What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
Best Crypto Exchange to Trade with Leverage
Best High Leverage Crypto Trading Exchange Platform
Shib Price Prediction 2028: Will Shiba Inu Reach $1?
ADA Cardano Price Prediction 2025, 2030 – Is Cardano A Good Investment?
Luna Classic Price Prediction: Will Luna Classic Reach $1?
Algorand Price Prediction 2030: Is Algorand a Good Investment?
MANA Coin Price Prediction 2030: How High Can Decentraland Go?
HBAR Price Prediction 2022, 2025, 2030: Will HBAR Coin Reach $1?
Stellar Lumens (XLM) Price Prediction 2030: How High Can XLM Go in 2030?
Algorand (ALGO) Price Prediction 2022, 2025, 2030 -How High can ALGO Go?
Apecoin Price Prediction 2022, 2025, 2030 – Will Apecoin Go Up?
CRO Crypto Price Prediction 2025: Will CRO Coin Ever Reach $1?
Dogelon Mars Price Prediction: Is Dogelon Mars A Good Investment?
Ripple (XRP) Price Prediction 2022, 2025, 2030 – Can It Reach $1?
Solana (SOL) Price Prediction 2022,2050, 2030-Future of Solana?
Ethereum Price Prediction 2022, 2025, 2030: Will ETH Reach $5,000 in 2022?
Flow (FLOW) Price Prediction 2023, 2025, 2030 — Is FLOW a Good Investment?
Ethereum Classic (ETC) Price Prediction 2023, 2025, 2030
Aragon (ANT) Price Prediction 2023, 2025, 2030 — Will ANT Hit $10?
MultiversX (EGLD) Price Prediction 2023, 2025, 2030 — Will EGLD Hit $1000?
ETHPoW (ETHW) Price Prediction 2023,2025,2030 — Is ETHW a Good Investment?
Hooked Protocol (HOOK) Price Prediction 2023,2025,2030 —Is HOOK a Good Investment?
Klaytn (KLAY) Price Prediction 2023, 2025, 2030 — Is KLAY a Good Investment?
LooksRare (LOOKS) Price Prediction 2023,2025,2030 — Is LOOKS a Good Investment?
Ren (REN) Price Prediction 2023,2025,2030 — Is REN a Good Investment?
Storj (STORJ) Price Prediction 2023,2025,2030 — Is STORJ a Good Investment?
Theta Network (THETA) Price Prediction 2023, 2025, 2030 — Will THETA Hit $100?
Nem (XEM) Price Prediction 2023, 2025, 2030 — Will XEM Hit $1?
Monero (XMR) Price Prediction 2023,2025,2030 — Is XMR a Good Investment?
Render (RNDR) Token Price Prediction 2023, 2025, 2030 — Will RNDR Hit $100?
Ravencoin (RVN) Price Prediction 2023,2025,2030 — Will RVN Hit $1?
Zilliqa (ZIL) Price Prediction 2023,2025,2030 — Is ZIL a Good Investment?
Pepe (PEPE) Price Prediction 2023, 2025, 2030
AiDoge Price Prediction 2023, 2025, 2030 — Is AiDoge a Good Investment?
Sui (SUI) Price Prediction 2023, 2025, 2030
Floki Inu (FLOKI) Price Prediction 2023, 2025, 2030 — Is FLOKI a Good Investment?
SingularityNet (AGIX) Price Prediction 2023,2025,2030 – Is AGIX a Good Investment?
Stella (ALPHA) Price Prediction 2023, 2025, 2030
Ankr (ANKR) Price Prediction 2023, 2025, 2030 — Is ANKR a Good Investment?
ARPA (ARPA) Price Prediction 2023, 2025, 2030
Astar (ASTR) Price Prediction 2023, 2025, 2030
Balancer (BAL) Price Prediction 2023, 2025, 2030
Band Protocol (BAND) Price Prediction 2023, 2025, 2030
Bella Protocol (BEL) Price Prediction 2023, 2025, 2030
BinaryX (BNX) Price Prediction 2023, 2025, 2030 — Will BNX Hit $100?
Livepeer (LPT) Price Prediction 2023, 2025, 2030 — Is LPT a Good Investment?
XEN Crypto (XEN) Price Prediction 2023, 2025, 2030 —Is XEN a Good Investment?
Spell Token (SPELL) Price Prediction 2023, 2025, 2030: Is Spell Token a Good Investment?
Ankr (ANKR) Price Prediction 2023, 2025, 2030 — Is ANKR a Good Investment?
XDC Network (XDC) Price Prediction 2023, 2025, 2030 — Is XDC a Good Investment?
EverGrow Coin (EGC) Price Prediction 2023, 2025, 2030 — Is EGC a Good Investment?
XYO Price Prediction 2023,2025,2030 — Is XYO a Good Investment?
Saitama Inu Price Prediction: Will Saitama Inu Reach 1 Cent?
The Graph (GRT) Price Prediction 2023, 2025, 2030
Big Eyes (BIG) Coin Price Prediction 2023, 2025, 2030
Harmony (ONE) Price Prediction 2023,2025,2030 – Is ONE a Good Investment?
IoTeX (IOTX) Price Prediction 2023, 2025, 2030
The Graph (GRT) Crypto Price Prediction 2023, 2025, 2030 – Is GRT a Good Investment?
IOTA (MIOTA) Price Prediction 2023, 2025, 2030 — Is MIOTA a Good Investment?
Compound (COMP) Price Prediction 2023, 2025, 2030
Zcash (ZEC) Price Prediction 2023, 2025, 2030 — Will ZEC Reach $1,000?
Dogelon Mars (ELON) Price Prediction 2023, 2025, 2030
Chiliz (CHZ) Price Prediction 2023,2025,2030 — Is CHZ a Good Investment?
Zilliqa (ZIL) Price Prediction 2023,2025,2030 — Is ZIL a Good Investment?
Smooth Love Potion(SLP) Price Prediction 2023, 2025, 2030
Monero (XMR) Price Prediction 2023,2025,2030 — Is XMR a Good Investment?
Voyager Token (VGX) Price Prediction 2023, 2025, 2030 — Is VGX a Good Investment?
![](/mask.png)
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved