United States of America: SEC public lawsuit against Ripple Labs Inc over alleged unlawful offer and sale of securities
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Timeline of events
Issued ruling in Securities and Exchange Commission v Ripple Labs on programmatic crypto offers and sales on crypto exchanges
On 3 October 2023, the United States District Court for the Southern District of New York denied the Securities and Exchange Commission's (SEC) motion for certification of interlocutory appeal because the regulator failed to meet its burden of proof…
SourceFiled SEC motion for court to certify interlocutory appeal concerning programmatic crypto offers and sales on crypto exchanges
On 18 August 2023, the Securities and Exchange Commission (SEC) filed a motion with the US District Court in the Southern District of New York to certify for interlocutory appeal. The SEC argues that the interim ruling impacts other ongoing litigati…
SourceIssued Court ruling in SEC public lawsuit against Ripple Labs Inc over alleged unlawful offer and sale of securities
On 13 July 2023, the United States District Court for the Southern District of New York issued its ruling regarding the public lawsuit of the U.S. Securities and Exchange Commission (SEC) against Ripple Labs Inc., clarifying the status of Ripple's X…
SourceAnnounced SEC public lawsuit against Ripple Labs Inc over alleged unlawful offer and sale of securities
The Securities and Exchange Commission (SEC) announces a complaint against Ripple Labs Inc. at the District Court for the Southern District of New York. According to the SEC, Ripple raised funds through the sale of digital assets known as "XRP" that…
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