Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months

Ripple CEO Says Company Spends $200 Million Defending SEC Lawsuit Over XRP, Ruling Could Come in 3 MonthsRipple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still […]

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Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023

Ripple CEO Anticipates an Answer in SEC Lawsuit Over XRP in the First Half of 2023Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s […]

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Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRPRipple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by […]

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Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC […]

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SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency […]

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Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the Lawsuit

Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the LawsuitAmid the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog. They are confident that SEC Chairman Gary Gensler will be convinced that pursuing the case is picking winners and losers in the crypto business to the detriment […]

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Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO SaysRipple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood […]

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