what is xrp lawsuit about

Last Updated on April 18, 2024 by Paganoto

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 XRP should be treated as a virtual currency rather than an investment contract like a stock.Apr 14, 2022

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

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

The SEC claims Ripple was selling XRP as an unregistered security. They point to its role in funding Ripple and claim Ripple’s platform is not …

SEC Charges Ripple and Two Executives with Conducting …

SEC Charges Ripple and Two Executives with Conducting …

The complaint alleges that Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities …

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

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

According to the complaint, Ripple raised funds by selling XRP tokens in unregistered security offerings to investors in the United States and around the world.

Why Ripple's fighting with the SEC over XRP – Protocol

Why Ripple's fighting with the SEC over XRP – Protocol

The crux of the SEC complaint is that XRP is not a currency, but a security, and therefore subject to strict securities laws. Ripple, Larsen and Garlinghouse ” …

Ripple's CEO won't apologize for taking on the SEC – Protocol

Ripple's CEO won't apologize for taking on the SEC – Protocol

The company is embroiled in a lawsuit, filed in 2020, in which the agency accused Ripple of raising $1.3 billion in unregistered digital-asset securities by …

Final Verdict of Ripple v/s SEC Lawsuit

Final Verdict of Ripple v/s SEC Lawsuit

SEC lawsuit claims that XRP is known as a security in the cryptocurrency market and is not a cryptocurrency. This creates the main issue in the …

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit …

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit …

The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020, alleging that the XRP sale was an unregistered …

Sec Vs Ripple: Case Explained – CNBC TV18

Sec Vs Ripple: Case Explained – CNBC TV18

The future of cryptocurrencies is at the mercy of one particular lawsuit filed by the US Securities and Exchange Commission (SEC) against …