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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 ...
The decision is the latest chapter in the prolonged legal battle between the SEC and Ripple, a major crypto firm, over the issuance of its cryptocurrency XRP. The SEC has faced recent defeats in ...
XRP has surged 40% in the last 24 hours boosted by positive regulatory news. ... The SEC brought the suit in 2020, accusing Ripple of illegally raising money by selling XRP without registering it ...
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency ...
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 SEC has long claimed that many digital ...
In response, lawyers for the defendants made an argument similar to that of other crypto companies currently in legal battle with the SEC: U.S. securities law is antiquated, and crypto tokens do ...
Back in late December, when I last discussed XRP (XRP-USD), I took a cautious view on the crypto. In my article, I talked about how there was upside potential if its developer, Ripple Labs, beat ...
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.
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related to: xrp vs sec latest news