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Ripple CEO: Ripple has spent $200 million in defense against SEC lawsuit.

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The US SEC has formally filed a lawsuit against Ripple, its CEO and co-founder

The news that had been rumored the previous day was confirmed.

The US SEC may sue Ripple and its executives for violating investor protection laws

The lawsuit has not yet been formally filed, and the current SEC chairman is leaving after the end of the Trump administration.

The Ripple case, which has been running for three years, is being closely watched to see if the court's ruling will have epoch-making significance.

The entire Ripple vs. SEC lawsuit is a true reflection of the current US cryptocurrency market.

What will happen to Ripple that encounters SEC "sniping"?

Ripple: Will respond to SEC's unsubstantiated allegations within weeks

Ripple executives finally couldn't sit still.

On-Chain Activity

15min ago

Anthropic's largest on-chain short position continues to increase, with a $70.5 million short position showing a floating profit of $1.41 million.

30min ago

A certain whale closed a $190 million long position in Nvidia, incurring a loss of $2.45 million.

1h ago

Yesterday, Nvidia contract trading volume on Trade.xyz exceeded $970 million, setting a new all-time high.

2h ago

F2Pool co-founder Wang Chun bought 5,246 ETH in the past 2 days, worth approximately $10.78 million.

24H Important News

2026-11-12

JPMorgan cuts Nvidia price target to $215 from $320.

Bernstein warns against bottom-fishing Nvidia for now, downgrades rating to "Market Perform".

Anthropic's largest on-chain short position continues to increase, with a $70.5 million short position showing a floating profit of $1.41 million.

Stablecoin supply plunges $14.2 billion in 30 days, marking the largest drop since June 2022

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