why ripple got sued

Last Updated on January 14, 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

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?

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 …

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 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 …

Why Is Ripple Being Sued? XRP SEC Lawsuit Explained

Why Is Ripple Being Sued? XRP SEC Lawsuit Explained

As mentioned earlier, the Securities and Exchange Commission filed a lawsuit against Ripple’s leading operators last December. The event was …

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, …

SEC Assault On Ripple Provokes Wider Debate – Forbes

SEC Assault On Ripple Provokes Wider Debate – Forbes

In December, the SEC sued Ripple and two of its top executives for seven years of distributions of the cryptocurrency XRP which the agency …

Why Ripple's fighting with the SEC over XRP – Protocol

Why Ripple's fighting with the SEC over XRP – Protocol

In December, in a move that stunned the crypto and blockchain world, the Securities and Exchange Commission sued Ripple, its founder and executive chairman …

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 …