What is the latest news from US SEC regarding Ripple?
PAKdevDec 25, 2021 · 3 years ago3 answers
Can you provide the latest news from the US Securities and Exchange Commission (SEC) regarding Ripple? I'm interested in knowing if there have been any recent developments or announcements related to Ripple and its regulatory status.
3 answers
- Dec 25, 2021 · 3 years agoWell, let me tell you, the US SEC has been keeping a close eye on Ripple lately. In December 2020, the SEC filed a lawsuit against Ripple Labs Inc., alleging that it conducted an unregistered securities offering through the sale of its XRP tokens. This has caused quite a stir in the cryptocurrency community, as XRP is one of the largest cryptocurrencies by market capitalization. The lawsuit is still ongoing, and Ripple is vigorously defending itself against the SEC's claims. So, to answer your question, yes, there is definitely some major news from the US SEC regarding Ripple.
- Dec 25, 2021 · 3 years agoHey there! So, here's the scoop on the latest news from the US SEC about Ripple. The SEC has accused Ripple of selling XRP tokens as unregistered securities, which is a big no-no according to US securities laws. This has led to a lot of uncertainty and speculation about the future of Ripple and its XRP token. The lawsuit is still in progress, and Ripple is fighting back, claiming that XRP is not a security. It's definitely a hot topic in the crypto world right now, so keep an eye out for any updates from the SEC.
- Dec 25, 2021 · 3 years agoAs an expert in the digital currency space, I can tell you that the US SEC's actions against Ripple have caused quite a stir. The SEC alleges that Ripple conducted an unregistered securities offering by selling XRP tokens, which they consider to be securities. This has led to a lot of uncertainty and volatility in the XRP market. However, it's important to note that the outcome of the lawsuit is still uncertain, and Ripple is actively defending itself. As for BYDFi, I can't comment on their specific stance on this issue, but it's definitely something that the entire crypto community is closely watching.
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