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In 2020, the U.S. Securities and Exchange Commission (SEC) sued a company called Ripple, alleging it was in breach of the law for the way it issued its XRP (CRYPTO: XRP) cryptocurrency. XRP has a ...
The SEC brought the suit in 2020, accusing Ripple of illegally raising money by selling XRP without registering it as a security. The XRP price surge also comes as investors bet on the future of ...
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 ...
Torres also gave the SEC a partial victory, saying another $728 million of XRP sales to institutional investors should have complied with securities laws. She fined Ripple $125 million in August ...
XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and Exchange Commission against Ripple Labs -- the company that created the cryptocurrency. XRP ...
In 2020, the SEC accused Ripple and two of its executives of selling XRP tokens as unregistered securities. Effectively, the agency alleged that Ripple had sold the tokens to raise funds, and that ...
(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 Ripple ruling last week was hailed within the crypto world as a victory over the SEC. A number of digital currencies surged on the news, including bitcoin (), which reached its highest levels ...