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Blog Post | Timely Disclosure

Causing a Ripple: SEC Files Lawsuit Alleging Unregistered Offering of XRP

Fasken
Reading Time 1 minute read
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On December 22, 2020, the U.S. Securities and Exchange Commission (“SEC”) filed an action against Ripple Labs Inc. (“Ripple”), Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO; and Bradley Garlinghouse, the company’s current CEO (together, the “Defendants”) for conducting an unregistered securities offering with a total value of US$1.38 billion.... Continue Reading

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