The U.S. Securities and Exchange Commission (SEC) claims the company violated investor-protection laws when it sold a bitcoin-like digital asset called XRP.

Via the Wall Street Journal, more:

  • suit hasn’t yet been filed
  • A representative for the SEC wasn’t immediately available for comment.

A ripple in the matrix:

The U.S. Securities and Exchange Commission (SEC) claims the company violated investor-protection laws when it sold a bitcoin-like digital asset called XRP.

XRP is one of the biggies of the crypto space, third-largest (market cap/value)