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Are XRP's regulatory issues finally over? ... And the question of whether or not XRP is a security still hasn't been fully resolved. The case appeared to be settled in August 2024, when Ripple was ...
XRP (CRYPTO: XRP) has been one of the star performers since that date, soaring by about 530%. XRP is the cryptocurrency token issued by Ripple, the developer of a unique payments network designed ...
However, XRP might not be a security when it's used in transactions, or when it's traded on crypto exchanges. Ripple's punishment was a fine of $125 million, which investors viewed as a win -- but ...
XRP's recent rally was kicked off by Donald Trump's victory last November. Its token price has risen 430% across the stretch, and the cryptocurrency now has a total market capitalization of $183 ...
On July 13, 2023, Judge Analisa Torres of the United States District Court for the Southern District of New York issued a decision on motions for summary judgment and stated the XRP token itself is not a security, although the manner in which it is sold could constitute the sale of a security. "XRP, as a digital token, is not in and of itself a ...
The SEC alleged XRP is essentially a security and the company illegally raised funds with it. Although a judge has ruled largely in Ripple's favor, the case is still in limbo as appeals are filed.
It's an interesting proposition, but the U.S. Securities and Exchange Commission (SEC) slapped Ripple with a lawsuit in 2020 claiming its XRP token is a financial security (like a stock or a bond ...
The SEC has brought a number of high-profile lawsuits against both top issuers and exchanges, beginning with with a 2020 complaint against Ripple, the company behind the popular XRP cryptocurrency ...