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Cryptocurrency company Ripple faces SEC lawsuit for breaking laws

Cryptocurrency company Ripple faces SEC lawsuit for breaking laws

Cryptocurrency company Ripple is facing a lawsuit by the Securities and Exchange Commission for allegedly violating investor-protection laws against selling unregistered securities when it sold XRP to investors. Reports said the SEC is expected to file the case against Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen. Garlinghouse said he expects the lawsuit to be filed within days.

Simone
Simone
Rose
Rose 1 months

Oh yah, all these armchair cowboys are poised to enter the crypto currency market. Hold onto your seats, the corruption is only just beginning.

Fast Eddy
Fast Eddy 1 months

Real question is what will happen to XRP, and those of us who own it...

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