Ripple CEO Expects Legal Battle With SEC to Be Over ‘Very Soon,’ Robert Kiyosaki Shares Best Time to Get Rich, WazirX Announces Major Bounty to Recover Stolen Funds: Crypto News Digest by U.Today

This digest covers the latest updates, including Ripple CEO’s expectations on the SEC lawsuit, Robert Kiyosaki’s advice on getting rich, and WazirX’s bounty program to recover stolen funds.

Points

• Ripple CEO anticipates the SEC lawsuit resolution “very soon.”
• Robert Kiyosaki advises on the best time to get rich.
• WazirX announces a major bounty to recover $100 million in stolen Shiba Inu （SHIB） and other cryptocurrencies.

Ripple CEO: Legal Battle with SEC Will Be Over “Very Soon”
Brad Garlinghouse, CEO of Ripple, recently appeared on Bloomberg: The Close, where he discussed the ongoing Ripple-SEC legal battle. Garlinghouse expressed frustration over the lack of a clear regulatory framework in the U.S. for cryptocurrencies, emphasizing the detrimental impact of prolonged litigation. He revealed that Ripple has spent over $150 million on the legal battle, stressing that such an approach is unsustainable for every single token. Despite these challenges, Garlinghouse remains optimistic, expecting the case to resolve “very soon,” although he cannot predict the exact timing of the judge’s ruling.

“Rich Dad Poor Dad” Author Kiyosaki Drops Game-Changing Advice on When to Get Rich
Financial guru Robert Kiyosaki, author of “Rich Dad Poor Dad,” shared insightful advice on generating wealth in a recent X post. Kiyosaki emphasized the importance of learning to make money passively, stating, “If you don’t learn how to make money in your sleep… you’ll never be rich.” He encouraged followers to seize the current opportunity to generate passive income, advocating for continuous learning, attending seminars, changing social circles, and listening to successful individuals. Kiyosaki’s advice aims to help people grow richer and wiser during challenging times.

WazirX Announces Major Bounty to Recover $100 Million in Shiba Inu （SHIB） and More
Following a massive security breach, India’s largest cryptocurrency exchange, WazirX, has announced a Bounty Program to recover stolen assets. The breach resulted in the loss of $230 million worth of cryptocurrencies, including 5.4 trillion SHIB tokens. WazirX’s Bounty Program consists of two components: “Track & Freeze,” offering up to $10,000 worth of USDT for actionable intelligence leading to the freezing of stolen funds, and “White Hat Recovery,” providing a 5% incentive of the recovered amount as a white hat reward. The total bounty available for asset recovery is set at $11.5 million.

解説

• Ripple’s ongoing legal battle with the SEC has significant implications for the broader cryptocurrency industry, highlighting the need for clear regulatory frameworks.
• Brad Garlinghouse’s optimism about a resolution underscores the importance of legal clarity for the growth and adoption of digital assets.
• Robert Kiyosaki’s advice on generating passive income emphasizes the value of financial education and strategic thinking in wealth creation.
• WazirX’s proactive approach to recovering stolen funds through its Bounty Program reflects the exchange’s commitment to security and user protection.
• These developments illustrate the dynamic nature of the cryptocurrency industry, where regulatory, educational, and security measures play crucial roles in shaping its future.