Cha & Kwon Law Offices conducted a review of the U.S. District Court's summary judgment in the case between the SEC and Ripple.

The court found that the sale of cryptocurrency to institutional investors violated the securities laws, but the sale on exchanges did not breach the securities laws.

Violations of U.S. securities laws may lead not only to administrative penalties but also to potential criminal penalties. Therefore, obtaining expert review is essential to minimize these risks when entering the U.S. cryptocurrency market.

Cha & Kwon Law Offices specializes in legal issues related to blockchain operations. We recommend seeking legal assistance for your overseas cryptocurrency business from Cha & Kwon Law Offices, as we specialize in analyzing domestic and international regulations concerning cryptocurrency.