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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 ...
Ripple's chief legal officer expressed optimism following the initial lawsuit ruling that U.S. banks might adopt XRP as the lawsuit clouds clear. Of course, only time will tell whether that happens.
A disgruntled XRP investor has filed a class-action lawsuit against Ripple, alleging that the company violated US and state-level securities regulations by selling the token to the general public.
XRP saw a rather interesting weekend, with over 120 million tokens transferred across platforms as price noted a 9% fall. 120 Million XRP Moved as the Ripple Lawsuit Expert Discovery Wraps Up Skip ...
The bad news is that XRP's developer, Ripple Labs, faces long-running litigation with the SEC over whether its past token sales represented unlicensed securities offerings.
SEC v Ripple news updates appear to favor Ripple’s defense. Despite this, XRP continues its pullback from $0.91 levels struck in late March.
The case to watch in this space is the SEC's suit against Ripple Labs, the issuer of the XRP altcoin. The SEC said in its lawsuit that Ripple's sale of XRP tokens was an unregistered securities ...
The SEC has brought a number of high-profile lawsuits against both top issuers and exchanges, beginning with with a 2020 complaint against Ripple, the company behind the popular XRP cryptocurrency ...