XRP Pops as CEO Brad Garlinghouse Says SEC Case is Over
The long-running SEC case against Ripple Labs has ended after 4 years of legal battles.
Ripple CEO Brad Garlinghouse announced that the SEC has decided to drop its appeal in the company’s long-standing legal dispute, causing XRP to rally.
What’s the Scoop?
- Case Closed?: Ripple CEO Brad Garlinghouse announced that the four-year SEC lawsuit is ending, with the SEC poised to drop its appeal, he says.
- XRP Price Response: XRP climbed 14% to $2.56 following the announcement, signaling strong market support.
- SEC Appeal Dropped: While the SEC itself has yet to confirm the appeal withdrawal, Garlinghouse’s comment suggests a major resolution.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
