SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

Washington D.C., Dec. 22, 2020 — The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering. Read the complete article here.