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In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, the company behind the XRP crypto token. According to the SEC, XRP is actually a "security," and that ...
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 vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
As the third-largest cryptocurrency by market cap today, and with a high-profile SEC lawsuit still working its way through the court system after more than four years, that's potentially very good ...
Torres had found in July that only some XRP sales violated federal securities laws. The case is SEC v Ripple Labs Inc et al, U.S. District Court, Southern District of New York, No. 20-10832.
In December 2020, the SEC sued Ripple, the core developer behind the cryptocurrency XRP. Central to the agency’s allegations were that XRP was an unregistered security, or similar to shares in a ...
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 ...
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 ...