SEC Provides Court Update on Ongoing Ripple Lawsuit

The U.S. Securities and Exchange Commission has submitted new developments to the court regarding its case against Ripple.

Summary

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Terms & Concepts
  • Ripple: A blockchain-based digital payment network and protocol, whose native cryptocurrency is XRP.
  • SEC: The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing securities laws and regulating the securities industry.
  • Lawsuit: A legal case brought before a court, in this context involving regulatory action against Ripple.