SEC v. Ripple Labs securities case

US District Court, Southern District of New York · 1:20-cv-10832 · filed Dec 22, 2020 · Decided

The SEC alleged Ripple and two executives raised over $1.3 billion through unregistered sales of XRP.

The case

Plaintiffs: US Securities and Exchange Commission
Defendants: Ripple
Court: US District Court, Southern District of New York
Docket: 1:20-cv-10832
Filed: Dec 22, 2020
Status: Decided
Outcome: The court ordered a $125 million penalty in 2024 over institutional XRP sales.
Amount: $125 million

1 dated entry

Date	Entry	Type	Source
Dec 22, 2020	Filing: Complaint filed: Securities and Exchange Commission v. Ripple Labs Inc.	Filing	Link

When	Case	Kind	Status	Filed
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Caption and links

Securities and Exchange Commission v. Ripple Labs Inc.