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The long-running legal battle between Ripple and the Securities and Exchange Commission (SEC) has entered a fresh period of uncertainty as both parties await a pivotal court decision that could shape the outcome.  In a joint status update filed on June 16, Ripple and the SEC requested the Second Circuit Court of Appeals to continue holding the appeals in abeyance. According to defense attorney James Filan, who shared the update on X on June 17, the move is linked to a pending motion for an indicative ruling in the lower court, an essential step toward modifying the final judgment and implementing a proposed settlement. As part of the latest timeline, the SEC has been directed to submit a status report by August 15, 2025. #XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for an indicative ruling, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to file a status report by August 15,...

James Howells claims to have lost a hard drive with 8,000 BTC at a landfill site in 2013. The man now wants to buy the landfill site as the search for the lost BTC worth over $784 million continues. James Howells, the man who has been in search of his lost bitcoin worth over $784 million since 2013 is seeking to buy a landfill. Howell claims to have mistakenly discarded a hard drive that contained 8,000 BTC and is seeking to buy the landfill site where he lost it in an attempt to recover his fortune. The man filed a lawsuit in a bid to have the Newport Council dig up the landfill to try and find the lost bitcoin.  In over 10 years Newport Council has made no attempts to try to recover the discarded bitcoin. The quest for lost BTC James Howells reported that his fiance discarded the hard drive containing cryptocurrency estimated to have a market value of $784 million in the landfill site in 2013. In an attempt to get his crypto assets back, Howells want...

HTX advisor Justin Sun is currently engaged in a dispute with former Huobi owner Li Lin over whether or not Huobi/HTX had a $30 million hole in its books when it was sold to About Capital Management in 2022. The dispute is the latest chapter in the pair’s years-long feud. A machine translation of a recent X post by Sun includes a story in which he accuses the Huobi founder of concealing the hole, leading to Sun having to loan money to the exchange. A statement purportedly from Li has been posted to X in which he claims that Sun is misrepresenting the state of the exchange at the time of purchase and says that the hole that Sun is describing was a margin call that the exchange believed could still be recovered. The statement also mentioned that the exchange’s revenue had already covered the hole. 李林的立场一直是，我知道有3000万没还你，我需要核实，但是你一去找他核实他就影子都不见了 然后就是扯啥理性，法律啊，沟通啊，问题香港我们也起诉了 https://t.co/vC9Csg3rCv — H.E. Justin Sun (@justinsuntron) February 5, 2025 ...

Ripple’s XRP token is being corrected after a rally last weekend. The asset is up 4.9% in the 14-day charts and 12.9% in the yearly charts but is down 0.5% in the daily charts, 2.8% in the weekly charts, and 1.6% over the previous month. Source: CoinGecko Also Read: Cardano: Is There Still Hope for ADA to Reach $1 in 2024? Why is The Crypto Market Dipping? The crypto market rallied over the weekend following Federal Reserve chair Jerome Powell’s announcement of interest rate cuts starting in September 2024. The rally, however, was shortlived, and Bitcoin has fallen to the $63,000 level after briefly surpassing $64,000. The dip could be due to investors not feeling confident about risky assets and a general bearishness in the market. Also Read: Ripple: AI Predicts XRP’s Price For September 1, 2024 How High Will XRP Go in September 2024? Source – FX Empire According to CoinCodex data, Ripple’s XRP token could surge to $0.79 on Aug. 31, 2024. The platform does not e...