SEC vs Ripple Showdown: Final Verdict on XRP Lawsuit Expected Imminently
San Francisco, CA — In a pivotal legal showdown that could set a precedent for cryptocurrency regulation, the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and blockchain company Ripple Labs Inc. over its digital token XRP is nearing a potential resolution. This case, emblematic of the growing scrutiny on the cryptocurrency market by U.S. regulators, has caught the attention of investors worldwide since its initiation in December 2020. The SEC accuses Ripple Labs and its top executives of conducting an unregistered securities offering, raising over $1.3 billion through the sale of XRP. … Read more