Ripple’s Request for Extension Amid SEC Fray
In the latest developments of Ripple’s ongoing legal saga with the SEC, the company has requested an extension to better prepare their response to the SEC’s discovery requests. Ripple’s legal team is seeking additional time until February 20th, a move that underscores the complexity of the case and Ripple’s dedication to a meticulous defense.
The Legal Odyssey: Ripple’s Pursuit for Clarity
Ripple’s struggle with the SEC centers around the classification of XRP, a debate with far-reaching consequences for the crypto industry. Last year’s mixed ruling by Judge Analisa Torres marked a significant moment in this legal journey, distinguishing between different types of XRP sales and providing Ripple with a partial win.
InQubeta (QUBE): The New Contender
While Ripple battles in court, InQubeta (QUBE) is capturing the market’s interest with its unique AI startup investment model. By leveraging QUBE tokens, InQubeta allows investors to take fractional stakes in AI startups via NFTs, democratizing access to the burgeoning AI market. The platform’s presale success, with over $9.6 million raised, speaks to the compelling nature of its proposition.
InQubeta’s Innovative Investment Model
InQubeta isn’t just another cryptocurrency; it’s a bridge between blockchain technology and AI startup funding. The platform’s future plans include a deflationary token model, an NFT marketplace, a decentralized autonomous organization (DAO), and cross-chain functionality, all aimed at fostering sustainable investment in AI.
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