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Ripple CEO: SEC Drops Case in ‘Resounding’ Victory for Crypto | PYMNTS.com

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Ripple CEO: SEC Drops Case in ‘Resounding’ Victory for Crypto | PYMNTS.com

The Security and Exchange Commission’s (SEC) case against Ripple has concluded, according to that company’s CEO.

In a post Wednesday (March 19) on X, Brad Garlinghouse wrote that the commission had dropped its appeal in its case against the blockchain company, the latest in a string of cryptocurrency enforcement efforts called off by the regulator since President Donald Trump took office.

“This is it — the moment weʼve been waiting for,” Garlinghouse wrote. “The SEC will drop its appeal — a resounding victory for Ripple, for crypto, every way you look at it.”

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An SEC spokesperson declined to comment when reached by PYMNTS.

The SEC sued Ripple in 2020, alleging that the company violated the regulator’s rules by selling its XRP digital token without registering it as a security. But in June 2023, a judge ruled that XRP was covered by securities laws only when it was sold to institutional investors.

Since then, Ripple has been trumpeting win after win in the case, first when the SEC withdrew charges against its executives, and later when the judge in the case fined the company $125 million, far below the $2 billion sought by the commission.

It was that ruling, handed down last year, that the SEC had said it would appeal. Then Trump became president, and Washington’s attitudes towards the crypto sector shifted.

In the past few weeks, the SEC has either dismissed or paused cases or investigations into some of the most high-profile companies in the digital asset space. This includes the lawsuits against crypto giants Coinbase and Binance — sued within 24 hours of each other in the summer of 2023 — as well as potential legal action against Robinhood.

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In another sign of the changing crypto landscape, the SEC said earlier this week it was rethinking a proposed rule that would extend investment advisers’ custodial requirements to crypto.

SEC Acting Chairman Mark T. Uyeda spoke before the Investment Company Institute on Monday (March 17) and said the regulator is working with the White House’s crypto task force to consider alternatives to this proposal, including withdrawing it entirely.

“With respect to the safeguarding proposal, commenters expressed significant concern with the broad scope of the proposed safeguarding rule for investment advisers, which would extend the custodial requirements to virtually any asset, including crypto,” Uyeda said.

The SEC proposed expanding investment adviser custody rules to crypto assets in February 2023, saying they would widen the rules from client funds and securities to any client assets held by an investment adviser, thus making sure qualified custodians keep client assets segregated and protected in case of insolvency of the custodian.

Gary Gensler, SEC chair at the time, said Congress had given the commission authority to expand the custody rule to apply to all assets, not only funds or securities.

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Cryptocurrency Payment-Compatible Autos

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Cryptocurrency Payment-Compatible Autos
ECD Auto Design, a renowned custom luxury vehicle restoration company, has announced it will now accept cryptocurrency payments through BitPay. This move allows ECD to cater to a global clientele of crypto enthusiasts and high-net-worth individuals.

Specializing in iconic models like Land Rover Defenders, Range Rover Classics, Jaguar E-Types, Ford Mustangs, and Toyota FJs, ECD Auto Design emphasizes innovation. The integration with BitPay offers a secure and efficient cryptocurrency payment option for the brand’s bespoke vehicle builds. The company can now process payments in popular cryptocurrencies such as Bitcoin, Ethereum, and stablecoins, while receiving next-business-day settlements in USD to mitigate volatility risks. This partnership not only enhances transaction security and reduces fees but also positions ECD at the forefront of digital payment adoption in the luxury automotive industry.

Image Credit: ECD Auto Design

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KSD Miner Simplifies Earning Opportunities in the Future of Cryptocurrency

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Cloud mining platform has emerged as a popular choice for those seeking to build wealth through passive income

HARROW, United Kingdom, March 19, 2025 (EZ Newswire) — KSD Miner, a UK-based company that has reshaped the cryptocurrency mining landscape with innovative cloud mining contracts, today provided insights into why its most sought-after cloud mining services platform is leading the latest cryptocurrency cloud mining revolution.

As the cryptocurrency market continues to grow at an incredible pace, Bitcoin, XRP, and DOGE experience natural fluctuations. Investors are searching for stable, high-yield passive income opportunities. AI-powered cloud mining has emerged as a game-changer, offering a seamless way to maximize crypto earnings without the technical complexities of traditional mining. With the right platform, investors can generate a daily income of $5,000–$10,000 or more, making cloud mining a strategic financial move for 2025.

KSD Miner’s platform provides top-tier infrastructure, empowering all types of investors—regardless of their technical expertise.

Why Choose KSD Miner?

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KSD Miner has become a preferred choice for those seeking to build wealth through passive cryptocurrency income. By integrating artificial intelligence and green energy solutions, the platform enables investors to earn daily returns without requiring specialized mining knowledge or hardware maintenance.

A Trusted Platform with 8.5 Million Users Worldwide

KSD Miner has a global user base of 8.5 million members. Register now to join a free cloud mining contract and take control of your financial future.

How to Get Started with Cloud Mining

Register: Sign up today to receive a $10 bonus (earn $0.60 for daily sign-in).Choose a contract: After registration, select a mining contract that fits your financial goals and budget. KSD Miner offers a variety of contracts for both beginners and experienced investors. Consider factors such as contract length, potential returns, and associated costs.

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Excellent Profit Potential

What sets KSD Miner apart is its high-profit potential. Users can earn up to $8,950 per day, making it one of the most lucrative cloud mining platforms available. This passive income model allows investors to generate significant earnings with minimal effort.

Security and Sustainability: A Reliable Investment

Security and transparency are at the core of KSD Miner’s operations. The platform protects user funds and adheres to industry regulations. By leveraging clean energy, KSD Miner maximizes profits while reducing its environmental footprint, making it a sustainable investment choice.

KSD Miner’s Passive Income Potential

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For investors that are tired of the limitations of a traditional 9-to-5 job, KSD Miner’s passive income model offers daily earnings ranging from $507 to $8,950, depending on size of the contract. KSD Miner utilizes solar energy and advanced cryptocurrency mining technology, allowing individuals to earn substantial profits without active participation.

Choose a contract that suits your investment strategy:

Experience Contract: Investment amount: $100, total net profit: $100 + $8.Classic Contract: Investment amount: $500, total net profit: $500 + $32.Classic Contract: Investment amount: $5,000, total net profit: $5,000 + $2,170.Classic Contract: Investment amount: $8,000, total net profit: $8,000 + $5,120.Premium Contract: Investment amount: $10,000, total net profit: $10,000 + $8,400.Super Contract: Investment amount: $30,000, total net profit: $10,000 + $31,320.

For more information on new contracts, visit the official KSD Miner website.

Start Earning Today

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Once you activate your mining contract, the system begins working for you. KSD Miner’s advanced technology ensures efficient mining operations, maximizing your potential earnings.

Affiliate Program: Earn Money Without Investing

Looking for an extra income stream? KSD Miner offers an exclusive affiliate program where users can refer others and earn up to $22,000 in commissions. With no cap on referrals, the earning potential is limitless.

Why Choose KSD Miner

User-friendly interface: Easily navigate the platform, even if you’re new to cryptocurrency.Legitimacy and global presence: Established in the UK in 2016 and authorized by the UK government, KSD Miner has attracted over 8.5 million users.Cutting-edge mining equipment: Uses top-tier hardware from Bitmain, Shenma Miner, and Canaan Creative to ensure stable and efficient mining operations.Supports multiple cryptocurrencies: Settle earnings in BTC, ETH, LTC, USDT-TRC20, USDT-ERC20, BNB, BCH, DOGE, SOL, XRP, and more.Daily passive income: Earn income every 24 hours, with the principal automatically returned upon contract completion.Generous referral program: Refer friends and earn up to $20,000 in bonuses.Professional support team: 24/7 customer service ensures assistance whenever needed.

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Conclusion

KSD Miner is a legally registered UK company engaged in network encryption technology services, authorized and regulated by the UK Financial Services Authority. Since its founding in 2016, it has earned the trust of more than 8.5 million users worldwide. KSD Miner’s mission is to make cloud mining accessible to everyone by offering cutting-edge technology and large-scale industrial data centers that can be accessed from any device, anywhere.

About KSD Miner

Established in 2016 and headquartered in Harrow, KSD Miner is a global leader in the cryptocurrency cloud mining industry. After years of development and continuous growth, we currently have more than 100 large-scale environment-friendly energy mines around the world with users in 195 countries and regions. Trusted by more than 8 million users worldwide, we aim to always stay at the forefront of blockchain and cryptocurrency technology applications. For more information, visit https://investingincryptocurrency.com.

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info@investingincryptocurrency.com

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SOURCE: KSD Miner

Copyright 2025 EZ Newswire

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Stillwater police raise alert about scams requiring crypto payments

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Stillwater police raise alert about scams requiring crypto payments

Stillwater police raise alert about scams requiring crypto payments

The City of Stillwater is considering possible restrictions or even an outright ban on cryptocurrency machines, according to city officials.

Stillwater police are reporting scams where residents have been targeted to make cash transactions to digital accounts using cryptocurrency machines.

“Some of them are pretty scary and pretty convincing,” said Stillwater Police Chief Brian Mueller. “We have individuals in our community that are scared out of their wits, and they are bringing wads of money.”

A crypto machine allows a person to purchase digital currency by putting cash into the device, and then the funds are transferred to someone’s account.

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Chief Mueller described some of the scams the department has investigated: “Individuals that are told that their loved ones are being hurt, arrested… or the federal or local government has warrants out for their arrests.”

The scammers tell the person to go to a machine, put in cash and then send the cryptocurrency to settle the issue, according to police.

In a recent letter to Stillwater’s mayor and City Council, Chief Mueller wrote that since 2023, Stillwater police have taken more than 30 crypto-related scam reports — totaling $156,442 of loss — and $73,092 of that had been deposited into various crypto ATMs in the city.

One example Mueller wrote about included a woman who received a phone call that she had received an overpayment into an account that she held.

Stillwater police said the victim was told by the scam artist to deposit $20,000 cash into an Athena Bitcoin ATM located inside the Amoco Gas Station downtown.

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“Thankfully, we had a very alert clerk at that particular gas station and they called 911,” said Detective Sgt. David Wulfing, with Stillwater police. Officers arrived and were able to stop her from putting more of her money into the machine.

Detectives were able to get some of the victim’s money back.

The gas station owner told 5 EYEWITNESS NEWS that he trains staff if they see someone with a lot of cash at the crypto machine, to speak up and ask questions, adding he “cares about his customers.”

The machine is operated by a separate company, which 5 EYEWITNESS NEWS reached out to for comment.

“The most difficult part of these cryptocurrency investigations is many of the perpetrators are outside of the United States,” said Wulfing. “It’s very difficult to get that money back once it’s deposited.”

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Stillwater police said if residents receive emails or phone calls demanding they pay someone, their department is there to help determine if the message is real — just reach out at (651) 351-4900.

“Unfortunately, they prey on the more vulnerable folks, the elderly and the more trusting people,” Wulfing said.

The Minnesota Legislature passed a law last year that required cryptocurrency kiosks to be registered and offer some consumer protections.

According to the Minnesota Department of Commerce, 230 machines are licensed in the state.

Since August, state officials report that 40 consumers who reported losses related to fraud totaling $437,983 have been able to get back $29,894.

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