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(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 ...
Those lawsuits include a long-running SEC case against Ripple, which is currently making its way through appeals court after the judge sided with Ripple in August, fining the company $2 billion ...
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 ...
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
In its December 2020 lawsuit, the SEC accused Ripple of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP. ... The case is SEC v Ripple Labs Inc et al ...
The Ripple and Terraform cases do not directly affect the SEC lawsuit accusing Coinbase, the largest U.S. cryptocurrency platform, of operating illegally because it failed to register as an exchange.
Ripple continues to make progress towards a favorable outcome to the SEC case. While XRP finds support, however, investors remain wary. News Updates from the SEC v Ripple Case Provide XRP Support
Ripple's court victory over the SEC in July—a case in litigation since 2020—was seen as a boon not just for the company but the entire industry. ... In Other News. Entertainment.