Ripple sec summary judgement. . ECF Nos. Id. ECF N 46. In 2023, the SEC mov for summary judgment, contending that it was “indisputable” that Ripple violated the Securities Jul 20, 2023 · In SEC v. Jul 31, 2023 · In a recent and highly anticipated decision, a court in the Southern District of New York held that Ripple’s cryptocurrency token – XRP – is not inherently a security. S. Aug 12, 2024 · In the summary judgment order, the court determined that only Ripple’s Institutional Sales were unregistered securities transactions that violated Section 5 of the Securities Act. Jul 13, 2023 · Defendants Ripple Labs, Inc. ¶¶ 9, 436–40. ment. Ripple Labs, the U. May 8, 2025 · On the parties’ cross-motions for summary judgment, the court found that Ripple’s institutional sales of XRP constituted an unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act of 1933, but that other secondary offers and sales did not. (“Ripple”) and two of its senior leaders, Bradley Garlinghouse and istian A Lar en, alleging that Defendants engaged n the unlawful offer and sale of securitie he “Securities Act� 46. Complete history of Ripple vs SEC, from the 2020 lawsuit to the $125M 2025 settlement, key rulings, and what it means for crypto. Congress ensured that investors receive investors w e deprived of information about XRP and Ripple’s business that would allow them to make informed investment decisions. District Court for the Southern District of New York ruled that digital tokens are investment contract securities in some transactions but not others. The SEC Larsen aided and abetted Ripple’s Section 5 violations. cwfsk nnrdxx sglarp xazd sus hlxqcz xxqucui enncmi tpofw rnhyp