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XRP lawyer files fraud charges against SBF’s father

In the context of FTX founder SBF being convicted of criminal charges, XRP lawyer John Deaton raised the issue of the founder's father's involvement in improper behavior that led to the collapse of a cryptocurrency exchange in November 2022. Deaton stated that it is well known that FTX founder's father Joseph Bankman is also facing fraud charges. When asked if his parents were involved in the case, Deaton recalled the email investigation results where Joseph Bankman sought higher salaries for his son.

900 million XRP unlocked from Ripple’s escrow

Whale Alert has monitored that around 900,000,000 XRP (worth $539,038,928) were unlocked from Ripple's custody at around 8:00 am Beijing time.
900 million XRP unlocked from Ripple’s escrow

NFT minting volume on XRP Ledger chain exceeds 3 million

According to data from Bithomp, a blockchain data analysis platform, the number of NFTs minted on the XRP Ledger has exceeded 3 million. As of now, there are 3,340,903 NFTs minted using the XLS-20 standard, with over 30,000 NFT holders on the XRP Ledger platform and nearly 6,000 issuers. The number of NFT transfers has exceeded 1.4 million. Earlier reports stated that in October 2022, XRP Ledger will adopt the XLS-20 NFT standard and be included in the core protocol. (U.today)

25,300,000 XRP transferred to Bitstamp

According to Whale Alert monitoring data, At 05:47 today Beijing time, 25,300,000 XRP (worth about $14,685,518) was transferred from an unknown wallet to Bitstamp.

50 million XRP transferred from Crypto.com to unknown wallet

According to Whale Alert monitoring, 50,000,000 XRP (approximately $27,602,730) was transferred from Crypto.com to an unknown wallet.
50 million XRP transferred from Crypto.com to unknown wallet

26.7 million XRP transferred to Bitstamp

Whale Alert has monitored that at around 06:02 today Beijing time, 26,700,000 XRP (valued at about $14,829,710) was transferred from an unknown wallet to Bitstamp.

Two Whales Transferred Nearly 500 Million XRP, of Which 26.5 Million XRP Was Transferred From Ripple Labs to Bitstamp

According to Whale Alert, in the past 24 hours, two whale addresses have transferred nearly 500 million XRP. The first wallet transferred 412,334,412 XRP tokens, worth about $213 million, while the second wallet transferred 26,500,000 XRP, or $13 million. XRP transfers are sequential, and the 26.5 million XRP in the second transaction was sent by Ripple Labs to the cryptocurrency exchange Bitstamp.

XRP Ledger Wallet Xumm: Samsung Mobile Operating System Update Has Impact on Wallet Security Data Storage

Xumm, the XRP Ledger wallet, has issued an official announcement stating that the Samsung operating system update released on October 12th has damaged the secure data storage of Xumm Wallet, causing the app to be unable to open again after the update, especially for Samsung Galaxy S21 users.

XRP Lawyer Criticizes Lightning Network and Endorses 'Spend The Bits' Protocol

John Deaton, a legal expert and advocate for cryptocurrency, has criticized the Lightning Network and endorsed the 'Spend The Bits' protocol on the XRP Ledger as a superior alternative. Deaton, who is an angel investor and Chief Legal Officer for 'Spend the Bits', has previously praised the protocol as a faster and more secure way to spend Bitcoin than the Lightning Network.