Ripple evidence more compelling as SEC lawsuit reaches 800 days, community believes XRPArmy XRPCommunity XRPHolders XRP $XRP
has marked 800 days since it was filed. On Dec. 22, 2020, the Securities and Exchange Commission filed an action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.
According to the complaint, Ripple raised funds starting in 2013 by selling a digital asset called XRP in an unregistered security offering to investors in the U.S. and worldwide. In the days that turned into months as the lawsuit progressed, Ripple fought its case and presented a compelling argument to the court. The SEC also presented its case. Currently, the summary judgment motions have been fully briefed, and the judge's decision is now awaited.on Twitter conducted a poll to ask the crypto community for its opinion as to whether Ripple's defense and evidence are stronger as weighed against the SEC's charges and allegations.
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