SEC unveils suit against Ripple, calling XRP a '$1.3B unregistered securities offering'

The commission is alleging Garlinghouse, Larsen and Ripple have participated in an “unregistered, ongoing digital asset securities offering” to investors since 2013.
Source: https://cointelegraph.com/rss
SEC unveils suit against Ripple, calling XRP a '.3B unregistered securities offering'