Ripple wins the legal process against the SEC: XRP no securities

Ripple wins the legal process against the SEC: XRP no securities

XRP: Ripple wins the court process against the sec

The crypto industry intently pursued the court trial between the Ripple company and the US stock exchange supervision Sec. Now the judgment has been determined: XRP, the token of Ripple, is not considered a security. So Ripple was able to win the process for himself. The judgment is a bang for the entire industry and could be pioneering for similar cases. Further information on the judgment in the Ripple case against SEC can be read here.

Celsius: Ex-CEO Alex Mashinsky arrested

Alex Mashinsky, the former CEO of the insolvent crypto-lending service Celsius, was arrested. It is investigated whether Mashinsky has a complicity in the collapse of Celsius. The US stock exchange supervision has also initiated a legal proceedings against the former CEO and the crypto lending service. The accusation is to issue fraudulent and non -registered securities. The deposit for Mashinsky was set at $ 40 million. You can find more information on the arrest of Alex Mashinsky here.

Xai: Elon Musk's AI company beats waves

Elon Musk causes a sensation again. This time it's about his new AI company Xai. Although there has been no direct connection to the cryptos sector so far, some AI coins, such as SingularityNet (AGIX), have benefited from medial attention around Xai. The AGIX course briefly rose by more than 6 percent. You can find more information about Elon Musk's plans with his new AI company here.

Vanguard: Financial giant is investing $ 500 million in Bitcoin-Mining

While other financial institutions are aiming for a Bitcoin ETF in the USA, Vanguard has decided to invest directly in the crypto industry. Vanguard submitted SEC documents to the US stock exchange supervision that provides an investment of a total of $ 500 million in various Bitcoin mining companies. You can find more information about the Vanguard investment here.

MultiChain-hack: Was it an insider job?

A big hack has occurred on a defi platform. Several hundred million US dollars have disappeared and the CEO of the project is unnecessary. Now the multiChain team announced on Twitter that the CEO and his sister were detained in China. After this news, the project set its business. There is a suspicion that the hack may have been carried out by someone from the inner circle of the project. Further information on the arrest of the MultiChain CEO and the allegations can be found here.