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CoinGape 2024-05-13 12:49:37

SEC vs Ripple Lawsuit: Explainer & Timeline

The SEC’s case against Ripple alleges that the company raised over $1.3 billion through the sale of XRP tokens, which the SEC claims are unregistered securities. The SEC argues that Ripple’s XRP sales, particularly the $728.9 million in direct institutional sales, set the expectation that investors would profit from Ripple’s efforts to develop the XRP The post SEC vs Ripple Lawsuit: Explainer & Timeline appeared first on CoinGape .

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