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The SEC has faced recent defeats in the case, including an unexpected ruling by Judge Analisa Torres in July that found that Ripple's sale of XRP on exchanges did not constitute an unregistered ...
(Reuters) -The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a ...
The SEC sued Ripple in 2020, alleging that the sale of XRP was an unregistered securities offering. ... Key to the SEC's case is its argument that certain cryptocurrencies are securities and ...
Judge Analisa Torres issued a summary judgement in the case after over two years of litigation between the SEC and Ripple. [35] [36] In October, the SEC announced that it would be dropping their lawsuit against Brad Garlinghouse and Chris Larsen. [37]
Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (CRYPTO: XRP) cryptocurrency to investors. Ripple ...
A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been seen as a major defeat for the ...
An SEC spokesperson declined to comment. Torres’s most recent decision in the SEC’s litigation against Ripple is the latest in a landmark case that could influence the future of crypto in the U.S.
(Reuters) -Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency ...