SEC v. Ripple Labs Inc.

SEC v. Ripple Labs Inc. is a legal case where the U.S. Securities and Exchange Commission (SEC) alleges that Ripple and its executives conducted an unregistered securities offering by selling its digital currency, XRP, worth billions of dollars. Ripple argues XRP is a currency, not a security, and thus not subject to SEC registration. The case centers on whether XRP should be classified as a security, which affects how it can be sold and regulated. The outcome could significantly influence cryptocurrency regulation and how digital assets are classified under U.S. law.