Ripple vs. SEC Lawsuit Timeline: Key Legal Events and Outcomes
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 …
SEC Appeals Ripple Ruling, Seeks Reversal on XRP ... - Decrypt
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.
SEC Appeals Court Decision on XRP's Security Status - Money Check
Jan 16, 2025 · The SEC has launched an appeal to classify all XRP sales as securities, challenging a previous court ruling that differentiated between retail and institutional sales; The appeal argues that Ripple’s $2 billion in XRP sales violated securities laws, …
SEC Won't Postpone Ripple Lawsuit Appeal Until ... - Decrypt
Jan 15, 2025 · The regulator filed its appeal in mid-October 2024 after a July 2023 ruling partially favored Ripple by concluding that the company’s sales of XRP to retail investors on digital asset platforms did not violate U.S. securities laws. But it's not …
Can XRP bounce back? SEC actions may favor Ripple in ongoing ...
5 days ago · XRP is down 3% in the early hours of Thursday as crypto community members anticipate that the Securities and Exchange Commission's (SEC) appeal of the ruling in its case with Ripple will likely ...
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...
Ripple says U.S. banks will want to use XRP cryptocurrency ...
Jul 17, 2023 · Ripple is confident U.S. banks will start wanting to use XRP for cross-border transactions after a judge gave the firm a partial victory in its fight against the SEC, General …
Judge Rules XRP Is Not A Security. What Does It Mean For ...
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.
SEC files opening brief in its appeal against Ripple over XRP
Jan 16, 2025 · The SEC argued in a Jan. 15 filing to the Second Circuit Appeals Court that a New York District Court was wrong to rule that XRP sold to retail investors wasn’t an unregistered securities...
Ripple vs. SEC Lawsuit: A Full Timeline of the Legal Battle
Aug 8, 2024 · March 3, 2021: XRP holders, represented by attorney John E. Deaton, challenged the SEC’s claim, arguing that XRP does not meet the criteria for a security. March 22, 2021: Judge Sarah Netburn ruled that XRP is distinct from other cryptocurrencies like BTC and ETH in terms of their utility and value.
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