SEC Lawsuit Against Ripple Labs:
Initiation of Lawsuit: The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs on December 22, 2020, alleging that the company's sale of XRP tokens constituted an unregistered securities offering.
Recent Developments: On March 19, 2025, Ripple CEO Brad Garlinghouse announced that the SEC had dropped its appeal in the case, effectively ending the legal battle. AP News+3Coinspeaker+3Reuters+3
Tesla's Exclusion from White House EV Events:
August 5, 2021: The Biden administration held an electric vehicle summit at the White House, inviting major automakers such as Ford, General Motors, and Stellantis. Tesla, the leading U.S. EV manufacturer, was notably absent from the event. CleanTechnica
Elon Musk's Reaction: Tesla CEO Elon Musk publicly expressed his dissatisfaction with the exclusion, interpreting it as a snub by the administration. CNN+1Nasdaq+1
SEC Lawsuit Against Binance:
Initiation of Lawsuit: The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance Holdings Limited on June 5, 2023, alleging violations of securities laws. CourtListener
Recent Developments:
February 10, 2025: The SEC and Binance jointly filed a motion to pause the litigation for 60 days, citing the establishment of a new SEC Crypto Task Force that could influence the case's outcome. Reuters+3Bitcoinist.com+3Cryptopolitan+3
February 13, 2025: A federal judge in Washington, D.C., granted the 60-day pause, effectively putting the lawsuit on hold. Cryptopolitan+2U.S. News Money+2Bitcoinist.com+2