why is xrp going to court

Last Updated on June 7, 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

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.

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 …

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.

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 …

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, …

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 …

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 …

Ripple Case Presses Forward as Court Denies Motions to …

Ripple Case Presses Forward as Court Denies Motions to …

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

Crypto's 'trial of the century': Ripple case could be decided …

Crypto's 'trial of the century': Ripple case could be decided …

The SEC says Ripple violated securities laws when it failed to register with the agency sales of its native cryptocurrency token, XRP, that …