SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security

SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security

The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that is out of step with the G20 countries and the rest of the U.S. government. SEC to Bring Lawsuit Against Ripple Over XRP, CEO Calls It an Attack on Crypto The SEC is reportedly set to file a lawsuit against Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen, over the sale of the XRP....


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