why is there a lawsuit against ripple

Last Updated on March 16, 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?

On December 22, 2020, the SEC filed a lawsuit against Ripple Labs and two of its executives. The claim is that they traded $1.3 billion in their …

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.

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 …

Sec Vs Ripple: Case Explained – CNBC TV18

Sec Vs Ripple: Case Explained – CNBC TV18

The lawsuit, filed on 22 December 2020, alleges that Ripple raised over $1.3 billion through illegitimate means. The SEC complaint also holds …

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 bomb finally went off last year when the SEC filed suit against Ripple and its current and former CEOs, claiming that selling XRP …

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 …

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

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

The SEC argues that XRP is essentially an “illegal securities offering” and that Ripple did not provide “the type of financial and managerial …

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 …

Judge in Ripple cryptocurrency case wants token holders' views

Judge in Ripple cryptocurrency case wants token holders' views

Ripple’s founders created XRP in 2012. The SEC sued the San Francisco-based company and its current and former chief executives in December, …