6 days ago · Ripple’s legal battle with the SEC started in December 2020, with the agency accusing Ripple of conducting an unregistered securities offering through XRP sales. Ripple was fined $125 million for institutional sales violations, but …

1 day ago · The SEC has removed Ripple-related civil actions from its website as the lawsuit advances to the Court of Appeals for the Second Circuit, marking a critical stage in the ongoing legal battle over XRP’s classification.. A user on X noted that “the SEC website does not matter” and emphasized that the appeal remains active in the Court’s nationwide PACER system.

2 days ago · During the ongoing lawsuit, the SEC delivered an antagonistic initial brief to the court representing its objection against Judge Analisa Torres’ previous July 2023 Ripple-friendly decision. The SEC believes Judge Torres made an incorrect determination when she declared XRP independent from security classification.

1 day ago · The Ripple Lawsuit began in December 2020, when the SEC accused Ripple of raising over $1.3 billion through XRP sales, alleging the token was an unregistered security.

Jan 16, 2025 · The SEC asserts that labor and services received in exchange for XRP satisfy the “investment of money” criterion outlined in the Howey framework. Ripple’s legal team has consistently rejected the SEC’s claims, maintaining that XRP is a digital currency, not a security.

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...

Jul 15, 2023 · The XRP token "is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract," a federal judge ruled Thursday.

Sep 14, 2024 · From the SEC’s standpoint, Ripple’s sale of XRP as an unregistered security warranted legal action. This article will explore the key elements of Ripple’s history, the lawsuit and its broader...

Aug 7, 2024 · A federal judge imposed a $125 million fine on Ripple after finding last year that its institutional sales of XRP violated federal securities laws. The judge reiterated her view that Ripple's...

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...