Bitcoin News Roundup for Dec. 23, 2020

With BTC struggling to break past $24K and the SEC suing Ripple, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

SEC Sues Ripple Over 7-Year, $1.3B 'Ongoing' XRP Sale

As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years.

MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple

"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk.

Ethereum Dev Virgil Griffith Likely to Face Trial Next Fall

Ethereum developer Virgil Griffith is likely headed to trial on charges of violating international sanctions after a Tuesday hearing where a federal judge clarified what's being argued.