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It’s Official: SEC Files $1,3 Billion Lawsuit Against Ripple And Its Executives

The Securities and Exchange Commission (SEC) is filing a lawsuit against the American technology company Ripple. Likewise, the SEC considers XRP, Ripple’s official digital currency, an “unregistered securities offering”, which was sold for $1,3 billion. SEC charges Ripple and two executives with conducting $1.3 billion unregistered securities offering https://t.co/3VP23RpSyV — SEC_News (@SEC_News) December 22, 2020

The Securities and Exchange Commission (SEC) is filing a lawsuit against the American technology company Ripple. Likewise, the SEC considers XRP, Ripple’s official digital currency, an “unregistered securities offering”, which was sold for $1,3 billion. SEC charges Ripple and two executives with conducting $1.3 billion unregistered securities offering https://t.co/3VP23RpSyV — SEC_News (@SEC_News) December 22, 2020