• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple vs SEC: Allegations of Unethical Tactics and Latest Developments

user avatar

by Giorgi Kostiuk

a year ago

The legal battle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for several years. Starting in December 2020, it remains one of the most debated topics in the crypto space.

The SEC's Ethical Limits

Attorney John Deaton, who represents numerous XRP investors in the lawsuit, claims that the SEC is overstepping "ethical limits." He reported that the commission's attorneys "used aggressive discovery tactics, threatening and harassing Ripple's overseas customers."

The SEC attempted to subpoena all of Brad's, and his family's, personal financial records, including credit card statements. It was an attempt to bully and coerce Garlinghouse and Ripple into submitting to the powerful SEC.John Deaton

Has Ripple Won?

While the company has scored several partial court victories, a final resolution has yet to be seen. Last summer, Judge Analisa Torres ordered Ripple to pay a $125 million civil penalty for violating federal securities laws.

Changes in the SEC and Ripple's Future

Potential leadership changes in the SEC, such as the appointment of Paul Atkins as chairman instead of Gary Gensler, could favor Ripple. However, considering the complexity of the legal process, expectations remain tempered.

Ripple's lawsuit with the SEC continues to be one of the most intriguing topics in the crypto world. Upcoming changes in SEC leadership could influence the outcome, but the situation remains uncertain for now.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ChartNerd Emphasizes Importance of Monitoring XRP Price Behavior

chest

ChartNerd emphasizes the importance of monitoring XRP price behavior around key structural levels.

user avatarAndrew Smith

Tomarket Daily Combo reaches 10 million players in record time.

chest

The Tomarket Daily Combo game has recently switched to tap-to-earn mode on Telegram and has already surpassed 10 million players within a few weeks.

user avatarZainab Kamara

Tomarket Decentralized Platform Introduces Gamified Income Opportunities.

chest

Tomarket has launched a decentralized platform with gamified strategies for users to earn Toma tokens.

user avatarJacob Williams

Immutable IMX Experiences Surge in User Engagement After Zombie World Launch

chest

Immutable IMX has experienced a significant increase in user engagement and trading volume following the launch of Zombie World in January 2026.

user avatarEmily Carter

Remittix Focuses on Global Remittance Market with Blockchain

chest

Remittix is developing a blockchain-based payment network to lower transfer costs and speed up settlements.

user avatarSon Min-ho

Need for Standardized Risk Management in DeFi

chest

As institutional flows grow, the DeFi ecosystem must establish standardized risk disclosures and governance frameworks.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.