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why is xrp in court

Last Updated on August 2, 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

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 …

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

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

The SEC alleged that the executives held an initial public offering (IPO) of XRP, which was unregistered security at the time of raising capital. According to …

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

Ripple lawsuit: Court sides with XRP Holders after brutal take …

Ripple lawsuit: Court sides with XRP Holders after brutal take …

“Movants mischaracterize the SEC’s claims as claims against XRP holders in the secondary market. But while Securities Act Section 5 requires …

Ripple lawsuit makes XRP the most important altcoin, says …

Ripple lawsuit makes XRP the most important altcoin, says …

Court will decide whether the SEC has jurisdiction over existing altcoins … “The SEC’s argument regarding XRP makes XRP by far the most …

Sec Vs Ripple: Case Explained – CNBC TV18

Sec Vs Ripple: Case Explained – CNBC TV18

If the SEC wins the case, XRP (the native cryptocurrency of the Ripple Blockchain) will be considered a security rather than a currency in the …

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 …