Ripple Labs, Executives Sued by U.S. SEC

Ripple Labs, executives sued by U.S. SEC for failing to register XRP What: On Tuesday, the financial regulator filed a 71-page complaint against Ripple Labs, alleging that it federal securities laws in selling US$1.3B worth of XRP to retail investors over a period of 7 years. Importance: Like many cryptocurrencies, XRP’s status under U.S. securities […]