Ripple Says SEC’s Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory’ in Official Response to XRP Allegations

Ripple has filed an official response to the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the company. The SEC says Ripple sold unregistered securities in the form of XRP for years. Ripple counters that XRP can’t be regulated because of its use case as a means of transferring value. “The Complaint filed by the […]The post Ripple Says SEC’s Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory’ in Official Response to XRP Allegations appeared first on The Daily Hodl.