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.
The SEC has repeatedly denied spot bitcoin ETF applications because crypto exchanges won’t agree to share truthful data.
Ian Balina was sued by the SEC for promoting and selling the SPRK token, an alleged unregistered security.
SEC chair Gary Gensler said Proof-of-Stake blockchains fall under securities just hours after Ethereum’s Merge.
Making the case for the SEC, Gensler points to crypto platforms’ structural similarity to existing securities exchanges.