The Securities and Exchange Commission filed a lawsuit against the Ripple company, charging Ripple for unlawful sales of XRP. SEC considers XRP as security, charging Garlinghouse and Larsen for selling XRP units in their possession and earning over 1 billion…
SEC Rules Ripple’s XRP as Security: XRP Price Struggling to Recover
SEC has officially charged Ripple with unregistered security offerings, referring to the launching and the issuance of Ripple’s token, XRP. XRP has long been among the top trading cryptocurrencies by market cap, and it still is, while Ripple company has…