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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.
The SEC lawsuit has been an overhang on XRP's price until recently. It looks more likely the case will soon end once and for all. All cryptocurrencies face a more favorable regulatory backdrop ...
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 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 ...
A key litmus test will be the agency's approach to its ongoing case against Ripple, which issues the XRP altcoin. The SEC's lawsuit claims XRP is an unregistered security, and many have seen the ...
XRP remains stuck in a rut as investors look out for the latest court ruling in the ongoing SEC v Ripple case, which hangs in the balance.
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 ...