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The dispute between Ripple and the Securities and Exchange Commission has transitioned through several stages. As the case draws closer to its conclusion, the crypto currency community is abuzz with speculation about its outcome. The case has been currently underway for more than two years, and it appears that the battle will never end. The ongoing lawsuit influenced the price of XRP, holding retail interest at a low. Read more: US DOJ Announces International Cryptocurrency Enforcement Action Against Bitzlato Ripple CEO Brad Garlinghouse recently sat down with CNBC’s “Squawk Box Europe” on Wednesday at the World Economic Forum in Davos. Garlinghouse mentioned that he is hopeful for a resolution regarding the ongoing lawsuit to happen within the first half of 2023. Source: Forbes “We’re optimistic that this will certainly be resolved in 2023, and maybe [in] the first half. So we’ll see how it plays out from here. “But I feel very good about wh...

The SEC’s lawsuit against Ripple has entered its third year of legal proceedings. Along with the involved parties, the crypto community is eagerly waiting for a conclusion. Both the SEC and Ripple have already made their final submissions asking the court to rule in their favor. Now, FinServ company MoneyGram has filed a motion requesting certain parts to be sealed in the parties’ summary judgment materials. The company has made the request to protect its “highly confidential business information” and the “identity of its employees.” The said concealment is limited to a “few lines” from a deposition transcript of an officer of MoneyGram. Additionally, MoneyGram has requested to mask dollar amounts, percentages, and corresponding numbers from a work order containing “nonpublic information” related to the company’s “sensitive” financial information, business strategies, and operations. Furthermore, ...