Securities and Exchange Commission v. Ripple Labs Inc. et al.

  1. July 14, 2023

    SEC, Ripple Likely To Head To 2nd Circ. After Token Ruling

    The crypto industry was quick to celebrate a ruling in Ripple Labs' fight with the U.S. Securities and Exchange Commission that dealt a blow to the agency's efforts to police the sector, but enthusiasm could be short-lived if appeals from both parties drag the case on.

  2. July 13, 2023

    Ripple, SEC Claim Victories In Split Ruling On Token's Status

    In a milestone in the U.S. Securities and Exchange Commission's case against Ripple Labs, a New York federal judge ruled Thursday that the blockchain firm's XRP token was a security when it was sold directly to institutional investors, but not when it was sold on public exchanges.

  3. June 13, 2023

    SEC Staffers Warned Hinman On Crypto Remarks, Ripple Says

    A now-former U.S. Securities and Exchange Commission official was warned that his landmark speech on crypto would create "greater confusion" for the industry, blockchain firm Ripple Labs said Tuesday, citing internal SEC emails and comments released to it after a long-fought battle in its enforcement case.

  4. May 16, 2023

    SEC Loses Bid To Seal Ex-Official's Crypto Speech Drafts

    A New York federal judge on Tuesday rejected a request from the U.S. Securities and Exchange Commission to seal documents related to a hotly debated speech on crypto made by a former SEC division director that's at the center of its case against blockchain firm Ripple Labs.

  5. April 12, 2023

    SEC Says Fair Notice Decision Supports Case Against Ripple

    The U.S. Securities and Exchange Commission has told a federal judge that its recent win in an enforcement action against an investment adviser supports its argument that crypto firm Ripple Labs had fair warning it could be in violation of securities laws by failing to register its flagship token.

  6. March 23, 2023

    SEC Says Ripple Defense 'Shamelessly' Plucks Judge's Words

    The U.S. Securities and Exchange Commission is pushing back on arguments from Ripple Labs that recent decisions from the U.S. Supreme Court and a New York bankruptcy judge support its defense against the SEC's claims it sold unregistered securities, with the regulator accusing the blockchain firm of mischaracterizing the courts' comments.

  7. March 03, 2023

    Ripple Says High Court Tax Decision Undermines SEC's Case

    Ripple Labs invoked a recent U.S. Supreme Court decision Friday to bolster its argument that the U.S. Securities and Exchange Commission failed to provide clear guidance on how to comply with securities laws before suing the blockchain firm for allegedly failing to register its flagship XRP token as a security.

  8. January 02, 2023

    Securities Litigation To Watch In 2023

    From a New York district court to the U.S. Supreme Court, a number of closely watched securities cases saw important milestones in 2022, and securities litigators are in "wait and see" mode in anticipation of even more important rulings in 2023.

  9. December 05, 2022

    SEC, Ripple Issue Final Salvos As Crypto Decision Nears

    A New York-based judge is one step closer to deciding whether cryptocurrency company Ripple Labs Inc. can escape a U.S. Securities and Exchange Commission lawsuit that has been hotly contested and closely watched after both parties presented their final arguments for an early victory.

  10. November 18, 2022

    Sports Investing Platform Backs SEC In Ripple Dispute

    The latest amicus brief to be filed in the U.S. Securities and Exchange Commission's closely watched enforcement action against Ripple Labs Inc. urged the New York federal court to take the regulator's side, in stark contrast to most other such filings.