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HomeInvestmentRipple’s expensive battle, Bittrex bankruptcy and a new blockchain network By Cointelegraph

Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network By Cointelegraph



A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.

For payment platform — sued by the U.S. Securities Exchange Commission (SEC) in 2020 — defense costs have already topped $200 million, Cointelegraph has learned. The SEC claims Ripple sold XRP (XRP) tokens as an unregistered security in the same way it has recently accused many other crypto companies.

Brad Garlinghouse during the fireside chat at the Dubai Fintech Summit.
OFAC takes the top creditor spot for Bittrex with claims of $24.2 million. Source: PACER