Ripple sec lawsuit date. December 2020: SEC Files Lawsuit.
Ripple sec lawsuit date Jun 23, 2024 · If Ripple loses the California case, an SEC win on appeal could materially impact the outlook for XRP. Ripple case, which began in late 2020, has been viewed as a bellwether for how courts will rule on a broader anti-crypto enforcement campaign by the agency—a campaign the industry Jan 4, 2025 · As Gary Gensler’s tenure ends and Paul Atkins prepares to take over, the SEC could still file an opening brief in its Ripple lawsuit before January 15. SEC schedules its first closed-door meeting under new leadership. Ripple’s legal team submitted the request for an April 16, 2025 deadline. 1-888-256 Mar 10, 2024 · The SEC and Ripple will argue for and against a punitive disgorgement for selling unregistered XRP securities to US institutional investors. But what does this mean for Ripple's business and is it the end of the legal tussle? Mar 15, 2024 · Indeed, the revised schedule permits the SEC to submit its opening brief by March 22, Ripple’s opposition is due on April 22, and the regulator’s reply is due by May 6, according to the court information shared by defense attorney James K. Now it's over. From day one, Ripple has said the SEC's suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate through intimidation and enforcement. both parties would present a briefing date. Beginning in December 2020, the case has shaped discussions around whether cryptocurrencies like XRP qualify as securities. Oct 17, 2024 · Ripple’s Chief Legal Officer says the SEC lawsuit and the appeals process could go through July 2025. 95 billion on Ripple Labs. In conclusion, investors should brace for volatility as Ripple’s legal saga unfolds. 4 days ago · Ripple’s lawyers made the request yesterday in a letter sent to Catherine O’Hagan Wolfe, the Clerk of the Court of Appeals for the Second Circuit. Specifically, a federal judge dismissed the regulator’s intention to appeal the ruling in mid-July, where it was determined that the company’s XRP sales did not constitute an offer of investment contracts. 1(d)), failure to comply may result in dismissal of the appeal. Deaton has shared timely updates with the XRP holder community, but the exact date of the Oct 17, 2024 · Based on this date, Prosper argues that the SEC missed the deadline. Two dates in July hold the potential for significant impact. Gary Gensler Announces Exit Date Apr 17, 2024 · The final chapter of the lengthy lawsuit between Ripple and the US securities regulator is a trial scheduled for next week (April 23). Apr 2, 2024 · In a notable twist, Ripple and the SEC are deep in discussions, aiming to find a resolution as the clock ticks down to the trial date on April 23, 2024. cryptocurrency platform, of operating illegally because it failed to Mar 21, 2024 · The extension of the SEC v. The SEC’s high-profile lawsuit against Ripple Labs, the company behind the XRP cryptocurrency, nears its conclusion. The Ripple v. As per the Local Rules of the 2nd Cir (LR 12. When is the Ripple vs SEC lawsuit expected to conclude? Dec 5, 2022 · Ripple and the U. May 17, 2024 · The SEC Lawsuit Against Ripple. The Form C will also seek appeal for Ripple’s distribution of XRP to its employees and others. Recently, Ripple requested a deadline of April 16, 2025, to respond to the SEC’s appeal. The agency’s brief, which is the first, is due in another 90 days, and the commission will use this to XRP News Today: SEC v Ripple Lawsuit Settlement Prospects and Forecast. Ripple scored a partial win in July 2023 when a judge ruled that XRP’s sale on digital asset exchanges did not constitute investment contract offers. The resolution of this case is eagerly awaited, as it could significantly influence the cryptocurrency market, depending on the outcome. 1 day ago · Ripple Labs developed a draft submission outline for its planned appeal during its SEC lawsuit progression. John Deaton sees the penalty phase as a complex stage. Aug 5, 2024 · Although the exact launch date remains undisclosed, industry watchers are closely monitoring the RLUSD stablecoin progress. Ripple’s legal woes do not end with the case against the SEC. The legal discourse surrounding the Ripple vs. 1 Resp. SEC by April 16, as it was filed with the 2nd Circuit Court of Appeals. Recall that the regulator sued the company in December 2020, accusing it of raising more than $1. 3 billion raised by XRP in unregistered securities offerings was illegal Feb 26, 2024 · Key Takeaways. March 26, 2024: The SEC will file a public, redacted version of its opening brief. E. The parties have proposed a schedule for redactions after reply briefs, which means the tussle on remedies will continue beyond May 6. 3 billion unregistered securities offering by selling XRP, which Ripple's founders created in 2012. Oct 2, 2024 · The U. ’s lawsuit cast a pall over the company Jul 13, 2023 · Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U. reveals that the SEC has filed its response under seal, along with supporting exhibits. Mar 14, 2024 · The SEC v. 3 days ago · Enterprise blockchain company Ripple has requested a due date of Apr. FOX Business journalist Eleanor Terrett called the public’s attention to the upcoming SEC closed-door meeting slated for January 23. Court of Appeals for the Second Circuit ordered the regulator to submit its brief by January 15, 2025, granting the SEC’s Apr 23, 2024 · Ripple Labs has opposed the SEC’s proposal seeking a nearly $2 billion fine against the company. In response, Ripple’s Stuart Alderoty didn’t hold back, slamming the SEC’s demands as unjust, citing inconsistencies, and accusing Dec 23, 2024 · Ripple Vs SEC Lawsuit: On the fourth anniversary of SEC v. 2(a)(1)(B), which allows the parties to propose specific timelines for filing briefs. This move 4 days ago · The SEC initially filed its lawsuit against Ripple in December 2020, alleging that the company had violated securities laws with the sale of its XRP cryptocurrency. This could mean a prolonged period of uncertainty for XRP, but Ripple is standing firm. The case was among the first major protracted ones between the U. Also Read: LUNC and USTC Price Rises As Terra Luna Classic Holders Hit Record High. Nov 14, 2024 · Ripple Lawsuit Update: Judge Phyllis Hamilton grants Ripple’s motion for final judgment on settled class claims, limiting the case and setting a trial date for January 2025. Jul 13, 2023 · ¶ 647. The SEC initiated legal action against Ripple Labs, claiming that Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen had engaged in an 4 days ago · Ripple requests extended deadline to file its brief Ripple To Prepare a Comprehensive Response. C. Securities and Exchange Commission (SEC) has been one of the most significant crypto lawsuits to date. Nov 8, 2024 · Based on the recent analysis by legal expert Fred Rispoli, the SEC vs. Apr 27, 2024 · The Ripple vs. 6 days ago · The war between Ripple and the SEC has been long and damaging. Securities and Exchange Commission (SEC) to file its principal appeal brief against Ripple Labs before January 15, 2025. " Oct 2, 2024 · Ripple, the crypto industry, and the rule of law have already prevailed. In the lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs, all eyes are on the fast-approaching January 15, 2025 deadline. SEC by April 16 since it filed with the 2nd Circuit Court of Appeals. Will the SEC’s push to limit Ripple’s core business succeed? A clear ruling has the potential to impact the entire cryptocurrency market. During the 2023 Dubai Fintech Summit, he updated the timeline to the end of Q3 2023. Oct 10, 2024 · Ripple Labs will file a cross-appeal in its ongoing case against the U. The lawsuit has shifted from determining whether XRP is a security to debating the financial penalties Ripple must face. Mar 25, 2024 · March 22, 2024: SEC submits a proposed decision document. The SEC asked the Court to consider how easily actors, particularly in the crypto asset space, can today Oct 30, 2024 · The Ripple vs. Excitement brews as these documents are slated for public release in redacted versions by Wednesday, May 8. Jun 20, 2021 · The US Securities and Exchange Commission’s lawsuit against crypto payments company Ripple is taking a lot longer than expected. The present company filing at the court seeks increased case duration with an April 16, 2025 deadline for their submission opinion. However, lawyers such as Jeremy Hogan and ex-SEC Marc Fagel believe pro-crypto Paul Atkins under the Trump administration may decide not to pursue the appeal f Jul 20, 2023 · Ruling Finds XRP is Not a Security, First Industry Win Against the SEC Sets Precedent For Other Tokens in the U. These dates relate to the filing of the remedies-related briefs. The outcome of the SEC vs Ripple case will have far-reaching consequences on the cryptocurrency industry as a whole. Dec 22, 2020 · The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. #XRP NEWS FLASH 🚨 Ripple gets a new date from the US court of appeal against the SEC 💪 ️ Jul 20, 2023 · From day one, Ripple has said the SEC's suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate crypto through intimidation and enforcement. Jun 24, 2024 · Applying it to the $876. Call . 3 billion in an unregistered securities offering by selling its Oct 16, 2024 · Ripple Labs is in the midst of a significant legal confrontation with the U. Ripple was a court case in the United States Southern District Court of New York. Aug 9, 2024 · Ripple: Long-Standing SEC Lawsuit Ends, What This Means For XRP (Rating Downgrade) Aug. Lawyer Jeremy Hogan has predicted an April or May timeline for XRP lawsuit end. As a reminder, Ripple earlier filed its motion to seal confidential information, including the “negotiated financial terms of its contractual agreements with certain third-party business partners,” to which the SEC replied by arguing that the information should be public because it “constitutes judicial documents. Securities and Exchange Commission, the company announced Thursday, as part of an effort to maintain its legal defenses as Nov 1, 2024 · The United States Court of Appeal for the Second Circuit has ordered the U. 09, 2024 8:26 AM ET Ripple USD (XRP-USD) Crypto SOL-USD 7 Comments 1 Like. 3 billion via unregistered securities offering by selling XRP. 2. Mar 4, 2023 · Adding salt to the wound, Ripple claims that the SEC is inconsistent in regulating cryptocurrency and suffocates an innovative and progressive industry. Nov 28, 2024 · How does the Ripple vs SEC lawsuit affect XRP’s price? Ripple’s legal victories have positively impacted XRP’s price, driving a 30% gain in just one week, reaching a 3-year peak. Oct 17, 2024 · Former SEC Lawyer Reacts to Confusion in XRP Lawsuit. Ripple news. But the S. There are three key documents in circulation, each leading to differing interpretations on the timing of the SEC's Form C submission. Aug 8, 2024 · The SEC v. , 20-cv-10832, US District Court, Southern District of New York (Manhattan). 923 Followers. XRP holders digest the news of Ripple’s cross-appeal and announcements at Swell 2024. The SEC is seeking billions of dollars in damages from Ripple for what it claims were unregistered securities sales. The company’s CEO Brad Garlinghouse and co-founder Chris Larsen are on the same page with the request. Ripple lawsuit has crypto market participants on edge. On March 22, the SEC submitted to the Court their request for remedies against Ripple for its historic Institutional Sales of XRP. and two of its executives, who are also significant security holders, alleging that they raised over $1. This comes after the agency requested a deadline extension until the said date. Ripple claims the court should impose a civil penalty of no more than $10 million as no fraud or recklessness is proven by the SEC. Securities and Exchange Commission (SEC) is accusing Ripple of violating federal securities laws. Filan in his recent Ripple SEC lawsuit update on March 14. The legal battle has been Jun 20, 2024 · A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple Jan 16, 2025 · The legal battle between Ripple Labs and the U. 4 days ago · The legal battle between Ripple and the SEC continues and recently, Ripple requested a due date of April 16, 2025, for its brief in the ongoing case. ” Battling on Multiple Fronts. Ripple Lawsuit? SEC v. On Sept. Key Points: XRP slipped by 0. N. Some believe the firm will enter it with the upper hand, having secured three vital (yet partial) court victories throughout 2023. While the battle is ongoing, Ripple has secured some important legal victories, giving it a significant lead in the case. As of the date this article was written, the author does not own Dec 22, 2024 · The Ripple vs. The SEC’s lawsuit against Ripple Labs has become one of the most important regulatory battles in the crypto space. The lawsuit, which the SEC filed against Ripple in December, alleges that Ripple raised more than $1. March 25, 2024: The SEC and Ripple will meet to discuss and agree upon redactions. A U. Jul 13, 2023 · Over the years, the token became one of the most valuable cryptocurrencies on the market, and Ripple developed a loyal online following. Legal experts expect a shift under Paul Atkins, with hopes for clearer crypto regulations and resolution of the Ripple case. Jul 13, 2023 · Ripple scored a partial victory in its fight with the U. 6 million of XRP in Programmatic Sales. Aug 7, 2024 · A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday. A resolution, especially with a dismissal of the SEC's appeal, could provide much-needed clarity on XRP's regulatory status. May 8, 2024: Deadline for SEC’s response. Ripple Labs, Inc. This proposed timeline for redacting and filing court documents offers a glimpse into the upcoming remedies phase of the Ripple vs. Ripple, the San Francisco-based blockchain company, has requested an April 16th deadline to file its opening letter in a so-called cross-appeal. The SEC’s apparent failure to meet this deadline has sparked concern within the community. SEC lawsuit is entering a critical phase, with various experts providing insights on the potential XRP lawsuit end date. He also requested the incoming Donald Trump administration to address damages done by former SEC official William “Bill” Hinman, including regulatory statements that confused the industry and provided an advantage to some. Visit this website often to get the most up-to-date information. The SEC’s lawsuit against Ripple, filed in December 2020, has led to significant legal milestones, including a partial win for Ripple in July 2023, where 2 days ago · Ripple Labs officially requested a new deadline for filing its cross-appeal brief in its ongoing legal battle with the U. Aug 9, 2023 · The Ripple and Terraform cases do not directly affect the SEC lawsuit accusing Coinbase, opens new tab, the largest U. SEC lawsuit appeal is moving forward, with the Ninth Circuit Court of Appeals scheduling key dates for 2025. The SEC could demand $770 million for Ripple’s institutional sales of XRP. Ripple’s request of extension comes under Court’s Rule 31. Oct 16, 2024 · Ripple vs SEC Briefing and Reply Cycles. May 21, 2024 · The lawsuit between the entities started in December 2020 when the SEC accused Ripple and some of its executives of illegally raising over $1. Nov 20, 2024 · The Ripple vs SEC lawsuit has been one of the most significant legal battles in crypto history, with far-reaching implications for the industry. On the other side of the ring, the SEC is wielding its power, seeking a final judgment in the XRP lawsuit with a hefty $2 billion fine against Ripple for alleged securities law violations. 3 days ago · The ongoing legal battle between Ripple Labs adn the US Securities and Exchange Commission (SEC) just took an engaging turn. 05% on Saturday, ending the session at Aug 19, 2021 · In December, the Securities and Exchange Commission (SEC) announced it was pursuing a lawsuit against Ripple, alleging $1. Over the next few years, the case passed through numerous updates before reaching its trial phase on April 23, 2024. Now, Ripple wants the court to set a due date of April 16, 2025, for Jun 8, 2024 · The infamous legal battle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing since December 2020. S. Published: Mar 10, 2024, 06:03 GMT+00:00. The legal battle has been Jan 6, 2025 · Former SEC enforcement lawyer Marc Fagel says Ripple SEC case will see a settlement. The SEC accused Ripple and its executives, Brad Garlinghouse (CEO) and Chris Larsen (Chairman), of violating securities laws by selling XRP without proper registration. Mandela Amoussou. The next key date is May 20, the deadline for parties Apr 2, 2024 · The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, will witness several key developments this month. Aug 16, 2024 · Closed case The narrative. May 6, 2024 – SEC must file its reply brief. Dec 6, 2024 · The SEC’s appeal deadline in the Ripple lawsuit is set for January 15, 2025, marking a critical date for the case’s future. Ripple case could realistically settle by early to mid-2025. ” The SEC, in a statement, said “the district court decision in the Ripple matter conflicts with decades of Supreme Court precedent and securities laws. April 22, 2024: Ripple is expected to file its opposition brief. However, through it all, the XRP community has rallied behind the California company and the token, and its faith has been rewarded. May 13, 2024 · Today (May 13), Ripple and the SEC will file important motions related to their ongoing lawsuit, with further legal responses due next week. 29, the XRP community cheered when Judge Torres ordered the release of former SEC official William Hinman's documents. It is scheduled to be filed by January 15. With a Jul 7, 2023 · The prolonged wait for the verdict in the SEC vs. Did the SEC Miss the Filing Deadline? Following Prosper’s analysis, she reiterated that the 14-day countdown began on October 2, confirming October 16 as the due date. Y. Securities and Exchange Commission’s (SEC) request to extend the principal brief deadline. SEC appeal deadline. 3 million in gross profits, the SEC here asks the court to disgorge, which results in a much larger figure, a $102. Securities and Exchange May 18, 2024 · A long-awaited decision in the SEC’s lawsuit against Ripple has been anticipated to arrive by summer 2024. Nov 1, 2024 · The ongoing Ripple-SEC lawsuit has taken a new direction with the court’s approval of the U. 16 for filing its opening brief in its cross-appeal against the U. Hopes for a settlement have slimmed as both sides appear prepared for the final verdict. The regulator quickly fixed the new date for the meeting, which will now be held on Thursday. SEC's recent closed-door meeting, XRP unlocks, and reasons by expert Ashley Prosper raised questions among XRP army. For one, Ripple had the SEC on the ropes last year, winning some key rulings, including managing to reduce the SEC’s initial demands for a fine from Feb 21, 2024 · To learn more about the upcoming SEC vs Ripple lawsuit and what the discovery deadline means for XRP, read here: SEC vs. Ripple Labs said the Court should impose a civil penalty of no more than $10 million. He explained that settlement is require due to penalty on hold pending appeal. Ripple Labs Inc. Ripple’s XRP sales on these digital asset exchanges were blind bid/ask transactions: Ripple did not know who was buying the XRP, and the purchasers did not know who was selling it. Securities and Exchange Commission (SEC). Mar 23, 2024 · Upcoming Timeline for Ripple vs SEC. ” Oct 18, 2024 · The SEC’s initial lawsuit accused Ripple executives of violating the Securities Act of 1933 by selling XRP without proper registration. The Ripple vs. The news of Ripple's legal win boosts XRP sentiment, with potential positive effects on XRP price action in the coming months Jul 13, 2023 · The SEC had accused the company and its current and former chief executives of conducting a $1. . Ripple Labs case where the U. The SEC’s request for an extension to prepare documents underscores the gravity of the situation, with Ripple gearing up to respond by April 22. SEC lawsuit is in a crucial stage where both parties are presenting arguments before a key deadline on April 29th. Nov 14, 2024 · The Ripple case has implications for the SEC v. federal judge is now encouraging Ripple and the SEC to consider settling parts of their case to avoid a lengthy courtroom battle. Nov 1, 2024 · Additionally, in an X post that accompanied Ripple’s October 24 Form C filing, Chief Legal Officer Stuart Alderoty accused the SEC of simply trying to sow confusion within the industry: As we go through this process, please remember the SEC’s broader strategy: try to create distraction and confusion for Ripple and the industry. SEC’s principal brief related to its appeals in SEC v Ripple lawsuit. Jul 22, 2024 · Ripple CEO Brad Garlinghouse recently appeared in a Bloomberg interview and shared his thoughts on SEC lawsuit and the process of litigation that the payment firm has spent over $150 million on. Significantly, hopes of a settlement have faded. The court also allowed Ripple to file its brief in the case of Ripple vs. ¶¶ 652–54. Apr 23, 2024 · The legal dispute between Ripple and the SEC progressed through a series of key events, each influencing the direction of the lawsuit. Back then, the regulator accused the firm of raising over $1. Apr 13, 2024 · Ripple Vs SEC settlement date in the court calendar stirred further debate of potential settlement. D. Securities and Exchange Commission (SEC) under Gary Gensler is likely deliberating to file its principal brief in the Ripple lawsuit. Ripple lawsuit. Ripple Labs lawsuit has a potential impact on XRP price. This comes after the SEC filed its opening appeal brief, signaling that the regulator is not backing down. Jun 28, 2024 · Ripple recently scored an unequivocal victory from a dollars-and-cents standpoint in a class action securities lawsuit, with the judge tossing out most of the case. Apr 26, 2024 · The trial between Ripple and the SEC has advanced, with Ripple set to respond to SEC motions by early May following a new scheduling order by Judge Sarah Netburn. May 14, 2024 · As a reminder, the securities regulator has earlier filed its remedies reply brief and supporting exhibits, in which the SEC is trying to justify the need for injunctions, arguing that Ripple’s claims refuting the accusations of acting recklessly were “contrary to evidence,” as Finbold reported on May 10. SEC lawsuit. 56. The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) began on December 22, 2020. Following the update, the price of XRP got a major boost as the meeting agenda included discussions of settling the SEC’s pending lawsuits. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, the company behind the XRP token , alleging that Ripple and its current and former chief Aug 8, 2024 · Ripple Labs has been ordered by a Manhattan court judge to pay the U. SEC War Jun 13, 2024 · Previous Predictions on SEC Lawsuit This is not the first time Garlinghouse has predicted the potential end date of the SEC lawsuit. The long-running court case between Ripple Labs and the US Securities and Exchange Commission (), which could set a precedent for the whole cryptocurrency industry, could come to an end after the Ripple/SEC lawsuit entered its third calendar year. By: Bob Mason. Jun 9, 2024 · What Was the SEC v. Nov 22, 2024 · However, a recent update about the leadership of the regulatory watchdog has fueled speculations about a possible termination of the lawsuit in 2025. Afterward, the SEC will have until April 29, 2024, to reply to whatever opposition Ripple brings. , 2023 WL 4507900 (S. Ripple Discovery Deadline 2 Days Away, What to Expect Curious about XRP’s recent price surge and whether a “mega move” is really on the horizon? Read more here: XRP’s Weekly Surge Sparks Improbable 7000% Pump Speculations The Ripple vs. 3 billion by selling XRP in ongoing unregistered securities offerings. Jan 16, 2025 · Ripple SEC Lawsuit Details Key Updates and Timeline to Date 1. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurrency XRP Apr 23, 2024 · XRP SEC Case Update: Ripple filed its opposition to the SEC’s remedies-related brief and concluded that the court should deny the US SEC’s requests for an injunction, disgorgement, and pre-judgment interest. Maybe. Oct 17, 2024 · The XRP community is abuzz as Ashley Prosper, a prominent figure in the space, breaks down the confusion surrounding the Ripple vs. May 30, 2024 · SEC v. Aug 1, 2024 · The crypto community is closely watching the Ripple SEC lawsuit, which has reached a critical juncture with the remedies phase underway. SEC has asked a New York judge to impose a fine of $1. ¶ 96; Defs. The possibility of an appeal from the SEC has added another layer of complexity to the case. December 21, 2020: SEC Initiates Legal Action Against Ripple Labs. Securities and Exchange Commission. Jun 13, 2024 · XRP has eagerly awaited a verdict in the Ripple vs SEC lawsuit, with key figures predicting a decision soon. March 22, 2024: The SEC will file its opening remedies brief under seal. May 13, 2024 · These motions seal recent court filings and supporting evidence in the remedies phase of the lawsuit. SEC lawsuit extends beyond the immediate parties involved, touching on broader implications for the cryptocurrency industry. Legal counsel representing Ripple in its ongoing lawsuit against the SEC seeks to file its cross-appeal brief by mid-April. 6 days ago · XRP community members suggest a potential settlement in the Ripple lawsuit could be on the horizon as the U. After confusion related to the actual date in the crypto community, experts and lawyers like Bill Morgan, Fred Rispoli, and James Murphy cleared the air that the SEC will not miss the appeal deadline. Jan 14, 2025 · The crypto industry and lawyers now await the U. Ripple’s legal team Jul 31, 2024 · The Ripple SEC lawsuit has captivated the crypto community, especially as it enters the crucial remedies phase. The anticipation is understandable as many XRP enthusiasts many hoping that the launch of RLUSD signifies a nearing resolution of the Ripple SEC lawsuit. Ripple’s win could give them more confidence in their stance against the SEC as the SEC is under fire for their handling of crypto cases. Jul 23, 2024 · The SEC had previously planned to hold this closed-door session on July 18 but canceled it at the last minute. Securities and Exchange Commission announced it would appeal a federal judge's ruling in its case against Ripple on Wednesday. Perhaps the most important one is the start of the grand trial, scheduled for April 23. Jan 4, 2025 · Last Minute Appeal in Ripple Vs SEC Lawsuit. Pro-XRP lawyer Fred Rispoli recently speculated about the ruling date, highlighting the intense anticipation surrounding this case. 90, while Bitcoin continues to thrive above $100K. Mar 28, 2023 · The SEC filed a lawsuit against Ripple In December 2020, arguing that XRP was an unlicensed security – Photo: Shutterstock. Ripple, Chief Legal Officer (CLO) Stuart Alderoty has publicly called for its end. 3 billion through an unregistered, ongoing digital asset securities offering. Aug 8, 2024 · A federal judge fined Ripple Labs $125 million in its lawsuit against the U. Dec 26, 2024 · Specifically, the U. The case’s outcome could establish a precedent for future crypto regulations. Securities and Exchange Commission accused one another of stretching the law, as they argued for a ruling on whether the XRP, the world's seventh-largest cryptocurrency, is a Dec 5, 2023 · Ripple Labs, Inc. New Dates in the Ripple Vs SEC Lawsuit. SEC Files Lawsuit Against Ripple Labs. According to the letter, Ripple wants the court to set April 16, 2025, as the due date for the submission of its brief in the appeal and cross-appeal against the SEC. SEC vs. Feb 27, 2024 · Ripple is sued in a class action for allegedly selling its XRP token without required legal registrations, with a trial set for October 2024. Ripple’s Defense: Ripple argued that XRP is similar to Bitcoin and Ethereum Jan 2, 2024 · The SEC is expected to file its remedies brief on March 13, 2024, while Ripple submits its opposition on April 12, 2024. Mar 26, 2024 · The U. 6 million penalty, than the $10 million ceiling Ripple insists on. Mar 15, 2024 · March 22, 2024 – SEC must file the opening remedy-related brief. A summer conclusion would still leave questions. On October 31, 2024, the U. Aug 8, 2024 · The Ripple Labs and SEC lawsuit concluded on August 7, 2024, with Ripple not classified as a security but fined $125 million. Dec 30, 2024 · The SEC's potential appeal delay for its Ripple lawsuit fuels speculation that the incoming pro-crypto administration might drop the case. The U. The 2nd Circuit Court of Appeals earlier extended the deadline to January 15 after a request by the securities agency. The SEC alleges that Ripple sold approximately $757. Oct 11, 2022 · As the Ripple-SEC lawsuit progresses, positive expectations are in place, which has impacted the XRP price all the while. This date marks the final opportunity for the SEC to file its opening brief in the appeal against Ripple—a key legal milestone that could determine the near-term trajectory of the dispute. Since the #USElection2024 Mar 20, 2024 · The SEC and Ripple might have differing views on what qualifies as confidential, leading to delays in redaction discussions and public access. Fred Rispoli, a lawyer supporting XRP, has sparked intense interest by predicting a ruling date earlier, amid multiple outstanding motions and potential appeals, all of which could have a profound impact on shaping cryptocurrency regulations. The SEC accused Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen of conducting an unregistered securities offering by selling XRP, Ripple’s digital token. March 26, 2024: Public release of the revised SEC document. SEC v. The implications of this ongoing dispute are enormous, not just for Ripple and its digital asset, XRP, but for the entire cryptocurrency industry. Ripple and XRP will get required boost under the Trump Sep 22, 2022 · In December 2020, the U. March 25, 2024: Closed-door meeting between SEC and Ripple. May 7, 2024 · The United States Securities and Exchange Commission (SEC) has filed its final remedies-related reply brief and supporting exhibits in the Ripple lawsuit. Ripple case could signal a fresh chapter for the crypto market. Its final resolution could have a positive impact on XRP’s price (in the event of Dec 26, 2024 · A Year of Legal Challenges and Small Wins for Ripple. Securities and Exchange Commission (SEC), and new developments suggest that this battle could continue well into 2025. Why the SEC Case Is Bigger Than Ripple Alone. 3 billion securities offering. Why is XRP dropping despite Bitcoin’s rise? XRP’s recent drop is part of market volatility, with a 13% dip after peaking at $2. In 2022, the Ripple CEO projected that the court would resolve the lawsuit in the first half of 2023. Jul 3, 2024 · Current Status of the Lawsuit. With a new administration in place, the outcome of the SEC v. Attorney Jeremy Hogan anticipates a potential summer conclusion to the lawsuit, with the company possibly facing a $100 million settlement. 1 day ago · The legal battle between Ripple and the SEC continues to be one of the most closely watched in the crypto world. 3 billion in an unregistered securities offering by selling XRP. Ripple lawsuit important dates. This filing is pivotal, as it will outline the SEC’s legal arguments. securities laws. General information about the Ripple Class Action Lawsuit Securities Litigation. ” The case is SEC v. Why This Matters. Read Also: Ripple vs SEC: Legal Expert Claims Ripple Has the Advantage to Pay a Reduced Fine or Not. This outcome ended a major legal battle and clarified the regulatory stance on digital assets despite the SEC’s initial demand of $2 billion. December 2020: SEC Files Lawsuit. The complexity of the SEC v. Why it matters. SEC lawsuit has taken an unexpected turn, drawing new interest across the crypto world. July 13, 2023), holding that Ripple's sales of XRP through secondary trading platforms did not constitute securities transactions while its direct 1 day ago · Ripple Labs, XRP II, and Brad Garlinghouse shall submit their answering brief on or before April 7, 2025. The SEC has asked the court for ~$2B which comprises: (1) ~$900M in disgorgement; ~$200M in prejudgment interest on the disgorgement request; and (2) ~$900M in penalties. April 22, 2024 – Ripple must submit the opposition brief. The firm is also fighting the SEC in court over claims it conducted an unregistered $1. Though the lawsuit’s origins go back to 2020, 2024 has been a pivotal year for Ripple as they continue to challenge the SEC’s claims in court. Ripple lawsuit is fast approaching a critical date that could determine the appropriate penalty Ripple would pay for violating U. April 23-24, 2024: Intensive discussions on Ripple’s response. As of November 2024, Ripple’s leverage and legal victories have positioned it to negotiate a favorable settlement, potentially for less than $125 million. SEC 56. The company has denied the SEC’s Jul 3, 2024 · The SEC’s lawsuit against Ripple Labs has inched closer to a final verdict. Securities and Exchange Commission in a court ruling that brought a modicum of regulatory clarity for the cryptocurrency industry. Sep 18, 2024 · The lawsuit between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for almost four years and remains one of the hottest topics in the cryptocurrency space. 5 days ago · I. April 22, 2024: Ripple’s deadline to respond to the lawsuit. Court of Appeals for the Second Circuit set January 15, 2025, as the date for the SEC to submit its opening brief in the Ripple appeal. Jul 13, 2023 · Ripple's XRP token surged on Thursday after a judge in the Southern District of New York ruled that it's "not necessarily a security on its face. , also known as case number 20-CV-10832 in the Southern District of New York. In the case of Ripple vs. Mar 1, 2024 · Should the court decide not to modify the requests, the next important dates to look out for in the lawsuit are March 22, April 22, and May 6, 2024. May 7, 2024 · The latest update on the ongoing legal saga between the Securities and Exchange Commission (SEC) and Ripple Labs Inc. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that Sep 14, 2024 · History of the SEC vs. XRP whales moving a large amount of coins adds to the ongoing speculation surrounding the lawsuit's outcome. Mar 30, 2024 · Ripple’s Pushback. Oct 4, 2023 · Ripple secured another major victory in its legal battle against the US Securities and Exchange (SEC) on October 3. Ripple is nearly four years old. Earlier, Stuart Alderoty, Ripple's top lawyer, predicted that the SEC would drop the case under the new administration… The SEC initially filed its lawsuit against Ripple in December 2020, alleging that the company had violated securities laws with the sale of its XRP cryptocurrency. #XRP NEWS FLASH 🚨 Ripple gets a new date from the US court of appeal against the SEC 💪 ️ Dec 20, 2023 · But I can't look away from the slow-burning production called Securities and Exchange Commission (SEC) v. gswvmt npdan qoobbu uopsvls jgryiq xgdjgtkv mvt gfooy wxpq kvn