Crypto Blog
Ripple, and in this case, its executives, have notched another notable win against the Securities and Exchange Commission.
The SEC began its quest against crypto companies back in December 2020, and its first victim was the blockchain payment giant Ripple. However, the agency also brought charges against the firm’s top execs – Garlinghouse and Larsen – for orchestrating the alleged unregistered security sales.late on Thursday that both executives were “cleared of all claims brought against them by the US Securities and Exchange Commission,” as the regulator “voted to dismiss charges with prejudice – a stunning capitulation by the government.”
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