SEC vs Ripple: Two-year crypto beef could soon be settled
Ripple denies that XRP qualifies as a security because sales of the token never included an investment contract. The SEC disputes this.
Ripple denies that XRP qualifies as a security because sales of the token never included an investment contract. The SEC disputes this.
Lawyer John Deaton says the SEC should go after Ripple if it can prove a case but it’s unfair to hit traders 10 years after they bought XRP.
Rumors of a Celsius asset buyout are rife but there’s still no guarantee that all of its 1.7 million users will get their funds back.
A lot has changed since Ripple launched XRP back in 2012 and the once-innovative token has quickly lost ground in the race to be top altcoin.
For some reason, the SEC decided not to sue Ripple’s third co-founder, Jed McCaleb. He has sold all of his XRP for billions.