Jan 23, 2025 · 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 …

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 …

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...

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.

May 30, 2023 · The battle between Ripple and the SEC ended with a sizeable fine of $125 million for the crypto firm, but the judgment, arguably, has gone in Ripple’s favor. Whilst the SEC has 60 days to appeal the court decision, Garlinghouse is confident that …

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.

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.

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...

Aug 7, 2024 · A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.

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...