how is ripple a security

Last Updated on June 7, 2023 by Paganoto

Cryptocurrency's Future in the U.S. Is Threatened By SEC …

Cryptocurrency's Future in the U.S. Is Threatened By SEC …

The SEC filed a lawsuit in December against digital currency creator Ripple Labs Inc. claiming its XRP tokens were unregistered securities.

The SEC v. Ripple Lawsuit – Where Are We Now?

The SEC v. Ripple Lawsuit – Where Are We Now?

In their legal action made at the end of December, the SEC claimed that XRP is classifiable as a security because it was used to finance …

Ripple's court battle with SEC has gone 'exceedingly … – CNBC

Ripple's court battle with SEC has gone 'exceedingly … – CNBC

The SEC alleges Ripple conducted an illegal securities offering through sales of XRP, the world’s sixth-biggest cryptocurrency. Ripple argues …

SEC claims XRP is a security due to centralized nature

SEC claims XRP is a security due to centralized nature

In a quick recap, the SEC filed an action against cryptocurrency giant Ripple alleging the firm sold XRP as an unregistered security. The SEC …

Ripple: XRP Is NOT a Security! – Yahoo Finance

Ripple: XRP Is NOT a Security! – Yahoo Finance

XRP is not a security because, like most cryptocurrencies, it does not meet the definition of the term in question. First, on the most literal …

SEC vs. Ripple case could establish limit on agency's future …

SEC vs. Ripple case could establish limit on agency's future …

Ripple believes XRP isn’t a security, thus it doesn’t need the SEC’s green light. Moreover, it says the SEC currently allows other …

The SEC vs. Ripple lawsuit: Everything you need to know

The SEC vs. Ripple lawsuit: Everything you need to know

The SEC claimed that XRP is a security. In general, a security is a traded financial instrument representing ownership in a corporation or similar entity but …

Ripple faced XRP 'risk' with SEC in 2012, documents show

Ripple faced XRP 'risk' with SEC in 2012, documents show

The SEC sued Ripple in 2020, arguing that XRP is not a currency but a security, and therefore subject to strict securities laws. “We are …

Why Ripple's SEC lawsuit could have a lasting impact on crypto

Why Ripple's SEC lawsuit could have a lasting impact on crypto

That settlement specifically acknowledged that in the Treasury’s eyes, XRP is a currency, not a security. It’s a decision that wouldn’t have …

SEC Charges Ripple and Two Executives with Conducting …

SEC Charges Ripple and Two Executives with Conducting …

The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, …