Ripple’s Legal Battle With SEC: The Story Behind the April 2025 …
2 days ago · Legal experts speculate that Ripple’s extended deadline request is a strategic move. Former SEC attorney Marc Fagel weighed in on social media, suggesting that Ripple may be leveraging the time to allow for potential changes in the SEC’s leadership. “It’s pretty standard for lawyers to seek the maximum time allowed,” Fagel noted.
Ripple vs. SEC Lawsuit Timeline: Key Legal Events and Outcomes
5 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 ...
4 days ago · 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. The request follows the SEC’s recent filing of its opening appeal brief, doubling down on its argument that certain XRP sales qualify as securities ...
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: Ripple and US SEC File Stipulation for Delay
Jan 15, 2025 · XRP lawsuit: In the latest update regarding the long-running legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, the parties have filed a stipulation, defense attorney James K. Filan revealed on Wednesday.
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.
XRP climbs above $0.54 as Ripple prepares for lengthy SEC
Oct 17, 2024 · The United States Securities & Exchange Commission (SEC) accused Ripple and its executives of raising more than $1.3 billion through an unregistered asset offering of the XRP token.
Judge Fines Ripple $125M, Bans Future Securities Law ... - CoinDesk
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.
Ripple Labs notches landmark win in SEC case over XRP …
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...
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1 ... - CoinDesk
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...