Status and Near-Term Prognosis of the SEC Case Against Ripple

The SEC’s lawsuit against Ripple is a landmark crypto case.1 Filed in 2020, it centres on whether various of Ripple’s historical sales and distributions of XRP were unregistered securities offerings. The SEC argues that XRP qualifies as a security under the Howey Test. However, Ripple maintains that it is a digital asset utilized for payments […]