why is ripple under investigation

Last Updated on October 14, 2023 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

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 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 …

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

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

Under the terms of a settlement, Ripple paid a $700,000 fine and tightened up its bank-transfer operations. That settlement specifically …

Ripple Case Presses Forward as Court Denies Motions to …

Ripple Case Presses Forward as Court Denies Motions to …

Key Takeaways. The court denied Ripple’s senior executives’ motions to dismiss, finding that the SEC had met its pleading burden.

Regulatory riddle: An investigation into the SEC v. Ripple case …

Regulatory riddle: An investigation into the SEC v. Ripple case …

22, 2020, the SEC filed an enforcement action against Ripple and its two senior executives, Brad Garlinghouse and Chris Larsen, for failing to …

SEC officials under investigation for conflict of interest in …

SEC officials under investigation for conflict of interest in …

SEC officials under investigation for conflict of interest in Ripple lawsuit … United States regulator the Securities Exchange Commission (SEC) …

The Ripple-SEC lawsuit over XRP could drag on into 2023

The Ripple-SEC lawsuit over XRP could drag on into 2023

The protracted brawl over whether XRP is a security could drag on into 2023. But the company and crypto advocates see increasingly optimistic …

Ripple Effects of Recent Discovery Decision in SEC v. Ripple …

Ripple Effects of Recent Discovery Decision in SEC v. Ripple …

The crux of the lawsuit involves whether Ripple’s token – XRP – is a security under the federal securities laws.

Could the SEC case against Ripple falter over a conflict of …

Could the SEC case against Ripple falter over a conflict of …

The SEC has been embroiled in a legal battle against blockchain company Ripple since 2020, in which the crypto company and senior executives …