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Ripple Effect
Genesis to Suspend XRP Trading, Lending
In an email sent to clients Wednesday, Genesis announced it would be halting XRP trading and lending in the new year.

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
Ripple and the SEC will meet over video call, according to a court order from the U.S. District Court of the Southern District of New York.

XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims
The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
Bitstamp is the first major U.S.-based crypto exchange to respond to the SEC lawsuit against Ripple.

XRP Liquidations Soar as SEC Lawsuit, Token Airdrop Whipsaw Markets
Over $1.5 billion in XRP futures have been liquidated since the start of November.

Coinbase, Other Big Exchanges 'Between Rock and a Hard Place' on Delisting XRP
The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.

MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple
"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk.

SEC Sues Ripple Over 7-Year, $1.3B 'Ongoing' XRP Sale
As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years.

An SEC Victory in Ripple Case Would Render XRP 'Untradeable,' Market Pros Say
Already, CrossTower, a small exchange that opened in June, has delisted the cryptocurrency.
