Ripple, SEC case heads for conclusion after 'summary judgment' filed

Cointelegraph

Published Sep 18, 2022 11:17PM ET

Updated Sep 19, 2022 01:00AM ET

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws.

In separate motions filed on Sept. 17 by Ripple and the SEC, both have called for a summary judgment in the U.S. District Court Southern District of New York.

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