SEC v. Ripple summary judgment expected in April
A settlement with the SEC may have permanently bankrupted Ripple. Now, a summary judgement is expected within four weeks.
Cryptocurrency news by Protos · Protos
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Show Notes
The multi-year legal battle led by the Securities and Exchange Commission regarding Ripple’s alleged unregistered securities offering could end in summary judgment by April. The defendants are Ripple, Chris Larsen, and Brad Garlinghouse.
Ripple raised $1.3 billion through its XRP token sale. The SEC alleges various illegalities of its offerings in its civil lawsuit. The presiding US District Court Southern District of New York could rule in summary judgment within a few weeks.
Find out what Ripple plans to do against the commission's crypto lawsuit winning streak by listening to the article above.
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