SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case

by Aurelia Butler 16 February 2022, 19:40 179 Views

The SEC’s lawsuit against Ripple Labs Inc., filed on Dec. 23, 2020, alleges that the company raised upward of $1.3 billion by selling the XRP token without registering it as a security, which is what the agency considers it to be. Ripple’s argument is that XRP is a tool that facilitates international payments rather than an unregistered investment product and that the agency’s jurisdiction does not extend to the token and its sales.

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SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case

Retail Sales Rebounded in January 2022, Jumping 3.8%

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