Welcome to Extreme Investor Network: Your Source for the Latest Stock Market News
As a leading authority on all things related to the stock market, trading, and Wall Street, Extreme Investor Network is here to provide you with unique insights and valuable information that you won’t find anywhere else. Today, we’re diving into two major developments that have been making waves in the cryptocurrency world.
Ripple vs U.S. SEC: What You Need to Know
Speculation is rife that the lawsuit between Ripple and the U.S. SEC is reaching a conclusion, with experts like Ashley Prosper closely monitoring the case. The SEC recently submitted its final reply in the remedies phase, drawing criticism from pro-XRP lawyer James Murphy for its lack of substantial arguments.
Ripple CEO Brad Garlinghouse has been sharing insights on the firm’s operational endeavors and strategies for the ongoing lawsuit, while CTO David Schwartz hinted at the possibility of launching a stablecoin in June. Despite these developments, XRP continues to trade sluggishly.
Binance’s Latest Crypto Offerings
In the world of cryptocurrencies, Binance has been making headlines with a series of significant developments. The U.S. Department of Justice has enlisted the help of the Forensic Risk Alliance to monitor Binance Holdings’ activities following concerns about money laundering.
Additionally, Binance-related wallets have burnt 222 million Terra Luna Classic tokens this week. Binance CEO Richard Teng has also made a plea for the release of detained executive Tigran Gambaryan. Stay tuned for more updates on these evolving stories.
For all the latest news and insights on the stock market, trading, and more, trust Extreme Investor Network to keep you informed and ahead of the curve.