Ripple vs. SEC Lawsuit Timeline: Key Legal Events and Outcomes
4 days ago · The SEC accused Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen of conducting an unregistered securities offering by selling XRP, Ripple’s digital token. According to the SEC, Ripple raised $1.3 billion through these alleged securities sales. Ripple denied the allegations, maintaining that XRP is a digital currency, not a security.
Ripple requests an extended due date of April 16 for its brief in SEC ...
3 days ago · Ripple’s legal team dismissed the SEC’s arguments as weak, while Better Markets backed the regulator, calling Ripple’s marketing misleading. Ripple has asked for an extension until April 16 to file its next brief in its high-profile battle with the U.S. Securities and Exchange Commission (SEC), according to a letter written on Jan. 23. ...
Ripple vs. SEC: Lawsuit May Continue for 10 More Months
Jan 21, 2025 · The SEC’s lawsuit alleges that Ripple Labs raised over $1.3 billion by selling XRP tokens without registering them as securities, a move the SEC claims violated U.S. securities laws. The case has become one of the most high-profile in the crypto world, with significant ramifications for how digital assets are classified under U.S. law.
SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification
Jan 16, 2025 · SEC and Ripple Labs are locked in an ongoing legal feud. Source: Shutterstock. The U.S. Securities and Exchange Commission has formally filed an appeal in its legal battle with Ripple Labs, challenging a July 2023 ruling that partially dismissed claims against the company.
XRP Lawsuit 2024: A Year in Review of the SEC’s Battle Against Ripple …
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.
SEC v. Ripple - Investopedia
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...
XRP is Not a Security: Ripple’s Landmark Victory in SEC Lawsuit
Jul 20, 2023 · The Court’s July 13 decision that the crypto asset XRP is not a security is a landmark ruling, not just for Ripple, but for the entire U.S. crypto industry. This is the first industry win against the SEC, and sets the precedent for other crypto assets, tokens and securities regulation in the United States.
SEC Charges Ripple and Two Executives with Conducting $1.3 …
Dec 22, 2020 · 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 …
Ripple vs. SEC Lawsuit: A Full Timeline of the Legal Battle
Aug 8, 2024 · The Ripple Labs and SEC lawsuit concluded on August 7, 2024, with Ripple not classified as a security but fined $125 million. This outcome ended a major legal battle and clarified the regulatory stance on digital assets despite the SEC’s initial demand of $2 billion.
Landmark Victory For Ripple and the Entire Crypto Industry in SEC ...
Jul 20, 2023 · From day one, Ripple has said the SEC's suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate through intimidation and enforcement. The Court’s July 13 decision is a landmark ruling, not just for Ripple, but for the entire U.S. crypto industry.
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