SEC enforcement action against Ripple for unregistered XRP sales
Ripple issued enforcement action affecting Securities and Exchange Commission on December 23, 2020.
- Primary
- Ripple
- Counterparty
- Securities and Exchange Commission
- Structure
- enforcement action
- Date
- December 23, 2020
- Sub-sector
- Crypto / Digital Assets
SEC alleges Ripple sold unregistered securities; highlights regulatory uncertainty in crypto and regulation-by-enforcement approach that may stifle industry innovation.
Source: crowdfundinsider.com