why is sec going after xrp

Last Updated on December 9, 2023 by Paganoto

Ripple will explore IPO after SEC lawsuit ends, CEO says

Ripple will explore IPO after SEC lawsuit ends, CEO says

But the SEC alleges Ripple, Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP. Ripple has argued that the digital coin should not be treated as a security, a designation that would bring it under much stricter regulatory scrutiny.May 25, 2022

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.

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 …

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

Ripple was sued by the SEC in December 2020 for using unregistered security to raise funds. Read this article to understand the SEC vs. Ripple lawsuit.

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.

Coin Bureau: Here's Why the U.S. SEC Is Going After Ripple …

Coin Bureau: Here's Why the U.S. SEC Is Going After Ripple …

He argued that the SEC was going after Ripple due to its location in the U.S., as opposed to other crypto projects based overseas. As reported …

XRP vs SEC: Here's Why the US Regulator Targeted Ripple …

XRP vs SEC: Here's Why the US Regulator Targeted Ripple …

“The second possible reason is that Ripple has a lot of money and the SEC is trying to secure a sizable settlement that will make for good …

Ripple's Fight Against the SEC: How the Case Is Going and …

Ripple's Fight Against the SEC: How the Case Is Going and …

Documents filed by the SEC in the Ripple case suggest the agency will try to portray Hinman as a rogue agent who acted on his own when it came …

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.