Philion says the Coinbase team has refused to communicate with Flare Networks on FLR token distribution.

Ripple is a network for transferring funds that meets the requirements of the sector. XRP is the Ripple network’s native Crypto.

Attorney John Deaton, the founder of Crypto Law and staunch Ripple supporter, has pointed out what he opined to be the biggest threat to Ripple securing a <a href="https://zycrypto.com/xrp-lawsuit-ripple-notches-another-legal-victory-as-judge-quashes-secs-latest-bid-to-strike-fair-notice-defense/">complete victory</a> over the U.S Securities and Exchange Commission (SEC) even as the case draws to an end.

In a recent podcast session, Michael Saylor, the founder and former CEO of Microstrategy, showed support for the United States Securities and Exchange Commission’s (SEC) standpoint regarding Ripple and XRP.

The number of XRP accounts has risen by almost 120,000 since the end of October and has now reached 4.46 million, as reported by XRPL Services.

Uncertainties from the lawsuit between Ripple and the SEC could contribute to XRP’s volatility in the near term.

Ripple’s chief technology officer has responded to a conspiracy theory fabricated by Artificial Intelligence (AI) tool ChatGPT, which alleges the XRP Ledger (XRPL) is somehow being secretly controlled by Ripple. According to a Dec. 3 Twitter thread by user Stefan Huber, when asked a series of questions regarding the decentralization of Ripple’s XRP Ledger, the ChatGPT bot suggested that while people could participate in the governance of the blockchain, Ripple has the “ultimate control” of XRPL. (Cointelegraph)

Fintech firm Ripple has said that the U.S. Securities and Exchange Commission (SEC) hasn’t been able to provide that its sales of the $XRP token were investment contracts during the regulator’s lawsuit against it. The SEC sued Ripple and two of its executives in 2020, alleging they sold unregistered securities when they issued $1.3 billion worth of XRP tokens. Ripple denies XRP is a security. (cryptoglobe)

As the final month of 2022 gets underway, <a href="https://finbold.com/cryptocurrency/xrp/">XRP</a> is still among the top ten largest digital assets in the <a href="https://finbold.com/category/cryptocurrency-news/">crypto industry</a> by market capitalisation, despite the aftershocks caused by the collapse of what used to be one of the largest <a href="https://finbold.com/guide/best-cryptocurrency-trading-platforms/">crypto exchanges</a> in the world – <a href="https://finbold.com/review/ftx-review/">FTX</a>.

Ripple native token XRP price may rise after defendants in the critical XRP lawsuit Ripple labs filed their redacted reply to the SEC’s opposition motion for Summary Judgment.