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U.S. judge says SEC lawsuit vs Ripple Labs can proceed to trial on some claims
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2023-07-13 23:57
U.S. District Judge Analisa Torres said Ripple Labs Inc’s institutional sales of its XRP digital token violated federal

U.S. District Judge Analisa Torres said Ripple Labs Inc’s institutional sales of its XRP digital token violated federal law because they constituted the unregistered offer and sale of investment contracts, according to a ruling on Thursday.

(Reporting by Tom Hals in Wilmington, Delaware)

Tags ripple case epus finance fintech crypto
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