![SEC Raises Concerns Regarding Ripple’s New Crypto Asset Launch](https://leadinvawater.org/wp-content/uploads/2024/05/Is-Ripples-Upcoming-Stablecoin-in-Jeopardy_-600x400.png)
SEC Raises Concerns Regarding Ripple’s New Crypto Asset Launch
On May 7, 2024, a significant development unfolded in the ongoing legal saga between Ripple Labs and the US Securities and Exchange Commission (SEC). According to a publicly shared document from defense attorney James Filan, the SEC submitted a redacted remedies reply brief, along with supporting exhibits against Ripple Labs, Bradley Garlinghouse (Ripple’s CEO), and…