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

  1. August 17, 2023

    SEC Clears First Hurdle To Possible Ripple Appeal

    A New York federal judge agreed Thursday to hear arguments surrounding a potential appeal from the U.S. Securities and Exchange Commission in its enforcement case against blockchain firm Ripple Labs Inc. that would send the regulator's partial losses from a recent summary judgment ruling to the Second Circuit before the two head to trial.

  2. August 16, 2023

    Ripple Wants SEC 'Gambit' To Appeal XRP Ruling Denied

    Ripple Labs told a federal judge Wednesday it opposed the U.S. Securities and Exchange Commission's request to appeal the parts of a recent summary judgment ruling that went against its landmark enforcement action against the blockchain company, accusing the SEC of doing an "about-face" from its previous strategy.

  3. August 09, 2023

    SEC Asks NY Judge For Permission To Appeal Ripple Ruling

    The U.S. Securities and Exchange Commission is planning to appeal a ruling in Ripple Labs' litigation that dealt a blow to the agency's efforts to police the cryptocurrency industry, asking a Manhattan federal judge Wednesday to let it pursue interlocutory appellate review.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.