Jan 23, 2025 · The Ripple vs. SEC case is a pivotal moment for the cryptocurrency industry, with billions at stake and the future of digital asset regulation on the line. Filed in 2020, the lawsuit questioned XRP’s classification as a security, exposing inconsistencies in the SEC’s approach through evidence like the Hinman emails.

Jul 13, 2023 · Plaintiff, the Securities and Exchange Commission (the “SEC”), brings this action against Defendants Ripple Labs, Inc. (“Ripple”) and two of its senior leaders, Bradley Garlinghouse and Christian A. Larsen, alleging that Defendants engaged in the unlawful offer and sale of securities

Jun 9, 2024 · In 2020, the U.S. Securities and Exchange Commission (SEC) alleged that Ripple, the blockchain developer and creator of the XRP cryptocurrency token, raised more than $1.3 billion in 2013 by...

The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.

Jul 20, 2023 · The U.S. District Court for the Southern District of New York issued its long-anticipated opinion in SEC v. Ripple Labs, a case that will likely have substantial ramifications for crypto industry developers, securities practitioners, investors and token purchasers.

Aug 8, 2024 · After a lengthy legal battle, a verdict has finally been reached. In a world where digital currencies promise to revolutionize finance, the battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has emerged as a defining showdown.

Dec 26, 2024 · The SEC accused Ripple of raising billions of dollars through unregistered XRP sales, claiming that XRP was a security akin to a stock like Apple or Tesla, rather than a decentralized digital asset like Bitcoin or Ethereum.

Jul 13, 2023 · Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that...

Jul 13, 2023 · Details: The court on Thursday ruled that institutional sales of Ripple's XRP token — such as hedge funds or venture capital firms buying XRP directly from Ripple — "constituted an unregistered offer and sale of investment contracts," thus in violation of federal securities laws.

Jul 13, 2023 · According to documents filed on July 13, Judge Torres has granted summary judgment in favor of Ripple Labs, ruling that the XRP (XRP) token is not a security, but only in regards to programmatic...