SEC officially filed a lawsuit against Ripple
December 23, 2020
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple. The agency claims that the Californian blockchain company has been selling unregistered securities in the form of XRP tokens to retail investors for seven years.
SEC charges Ripple and two executives with conducting $ 1.3 billion unregistered securities offering https://t.co/3VP23RpSyV
– SEC_News…