I. SEC Files Lawsuit Against Ripple Labs The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) began on December 22, 2020.

The SEC tried to certify an interlocutory appeal and failed, and over the ensuing year, the case slowly wound down, culminating in a $125 million judgment against Ripple in August of last year.

SEC LAWSUIT HEATS UP, RIPPLE CEO SAYS IT'S HARD TO DESCRIBE A SMALL COMPANY LIKE HIS AS 'HARASSING THE SEC' The case itself will be a big test for Gary Gensler, President Biden’s choice to run ...

Ripple executives continued to sell XRP through the third quarter of 2020, and in December of that year, the SEC filed its last major enforcement action under Clayton, charging Ripple ...

The Ripple-SEC ruling generated more uncertainty and confusion, rather than the clarity the industry hoped for. More clarity on digital assets regulations is needed – and sooner rather than later.

In the SEC v. Ripple case, the Hinman documents could vindicate Ripple and XRP, in addition to boosting Coinbase's own litigation.

Key Players in the SEC Lawsuit Brad Garlinghouse - CEO of fintech company Ripple Labs Chris Larsen - Co-founder of Ripple Labs John Deaton - Managing partner of the Deaton Law Firm, which ...

Ripple, the SEC said, was well aware that XRP could be considered securities, as its own counsel advised in memos that the company shared with investors. By claiming that it did not receive fair ...

The SEC has filed an action against Ripple Labs Inc. (the company behind the digital token XRP) with raising $1.3 billion in what it calls unregistered “digital asset securities”.

The SEC has asked Torres to strike Ripple’s fair notice defense, arguing among other things that because its case against Ripple alleges a statutory violation of the Securities Act, the SEC’s ...

Then Ripple and its lawyers were granted access to prior SEC filings regarding Ripple. This is an important step, because Ripple’s law team can comb through those memos in great detail.