why sec sued ripple

Last Updated on December 12, 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

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.

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 …

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 …

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 …

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit …

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit …

The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020, alleging that the XRP sale was an unregistered …

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 …