Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
2020XRP in 2020
1 key event this year.
XRP's 2020 ended in shock. On December 22 the SEC sued Ripple and two of its executives, and several US exchanges suspended XRP trading. The case would run for almost five years.
First close of 2020$0.1925Bitstamp XRP/USD daily close, 2020-01-01
Highest close$0.6942Bitstamp XRP/USD daily close, 2020-11-24
Lowest close$0.1406Bitstamp XRP/USD daily close, 2020-03-12
Last close of 2020$0.2195Bitstamp XRP/USD daily close, 2020-12-31
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Source: Bitstamp XRP/USD daily closes 2016-12-16 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Events in 2020
SEC sues Ripple Dec 22, 2020
On December 22, 2020 the SEC sued Ripple Labs and two executives, co founder Chris Larsen and CEO Brad Garlinghouse, in federal court in Manhattan (case 1:20-cv-10832). The agency said Ripple had raised more than 1.3 billion dollars since 2013 through sales of XRP that should have been registered as securities offerings.
Updated
Sources
- SEC press release 2020-338
- SEC complaint (PDF)
- Court docket: SEC v. Ripple Labs (CourtListener)
- Wikipedia: Ripple Labs
Facts written in our own words. Last checked Oct 14, 2026.