Back

SEC Unable to Reopen Ripple and XRP Lawsuit

The U.S. Securities and Exchange Commission (U.S. financial regulator) can no longer reopen its legal case against Ripple and its cryptocurrency XRP.

XRP

Summary

No Summary provided as the original text is short

Terms & Concepts
  • SEC: The Securities and Exchange Commission is the U.S. financial regulator overseeing securities markets and enforcing laws against market manipulation.
  • Ripple: A blockchain-based payment network focused on enabling fast, low-cost cross-border transactions.
  • XRP: The cryptocurrency used within the Ripple network to facilitate transfers and provide liquidity.