SEC sues Ripple and two executives for selling anonymous commodities for $ 1.3 billion

2020-12-23 04:24
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Block filed a December 23 complaint against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen with the United States Securities and Exchange Commission (SEC) for selling $ 1.3 billion worth of securities. without registration.

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The SEC sued Ripple and two executives for selling $ 1.3 billion worth of unregistered certificates.
On December 23, the U.S. Securities and Exchange Commission (SEC) sued Ripple CEO Brad Garlinghouse and founder Chris Larsen, accusing the regulator, according to a report from Block. He sold unrecorded dollars for $ 1.3 billion.
2020-12-23 04:24