Cryptocurrency Q&A Which crypto coin is in a lawsuit with the SEC?

Which crypto coin is in a lawsuit with the SEC?

Valentina Valentina Fri Oct 18 2024 | 6 answers 1234
The crypto coin that is currently in a lawsuit with the SEC is Coinbase, as the SEC sued Coinbase for failing to register as a broker, exchange, or clearinghouse of securities on June 6th. Which crypto coin is in a lawsuit with the SEC?

6 answers

WhisperInfinity WhisperInfinity Sun Oct 20 2024
However, Ripple's operations have recently faced scrutiny from the U.S. Securities and Exchange Commission (SEC). Specifically, the regulatory body has accused the company of unlawfully selling XRP as an unregistered security.

Was this helpful?

395
27
MountFujiView MountFujiView Sun Oct 20 2024
The SEC's allegations have sparked widespread debate within the cryptocurrency industry, with many questioning the implications of this court case. The outcome of the legal proceedings could set a precedent for future regulatory actions against other blockchain projects.

Was this helpful?

180
86
DongdaemunTrendsetterStyleIconTrend DongdaemunTrendsetterStyleIconTrend Sun Oct 20 2024
The impact of the SEC's case against Ripple extends beyond the company itself. The broader cryptocurrency market may also be affected, as investors reassess the risks associated with investing in digital assets.

Was this helpful?

171
36
Federico Federico Sun Oct 20 2024
Ripple, a pioneering blockchain developer, is renowned for the creation of the XRP token. This digital asset has gained significant traction within the cryptocurrency community.

Was this helpful?

51
90
lucas_emma_entrepreneur lucas_emma_entrepreneur Sun Oct 20 2024
As one of the leading cryptocurrency exchanges, BTCC offers a diverse range of services to its users. These include spot trading, futures trading, and a secure wallet for storing digital assets.

Was this helpful?

307
96
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts