Episode 10: Ripple vs. SEC lawsuit Congress, Current Status, Intervention, and Argument Summarized
In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, alleging that the company had sold unregistered securities in the form of its XRP tokens. The lawsuit sparked a heated debate within the cryptocurrency community, with supporters of Ripple arguing that XRP is not a security.