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 …

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 20, 2023 · The Court unequivocally said that XRP, as a digital token, is not in and of itself a security. Last week’s ruling makes clear that the SEC’s misguided theory—that crypto tokens standing alone are securities—has no support in the law.

Jul 13, 2023 · Ripple scored a partial victory in its fight with the U.S. Securities and Exchange Commission in a court ruling that brought a modicum of regulatory clarity for the cryptocurrency industry.

Apr 23, 2024 · Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission’s (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company...

Mar 26, 2024 · The SEC's proposal asks the court to order Ripple Labs to pay $876 million in disgorgement, $198 million in prejudgment interest, and $876 million civil penalty, amounting to a total of $1.95...

Jul 20, 2023 · XRP is ruled not a security in SEC lawsuit, setting the precedent for other digital tokens in the US and igniting a landmark win for crypto.

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...

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...