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Will Continue the Battle Till the End: Ripple CEO to SEC

Will Continue the Battle Till the End: Ripple CEO to SEC

Cryptotale2024/10/02 21:11
By: CryptoTale Staff
XRP-2.47%XOLDTOKEN0.00%
Will Continue the Battle Till the End: Ripple CEO to SEC image 0
  • Ripple CEO Brad Garlinghouse vows to stand his ground against the SEC lawsuit on XRP.
  • Garlinghouse claimed that the Court has already considered the XRP a non-security.
  • The lawsuit filed by the SEC claimed that the XRP is not a token but a security.

Ripple CEO Brad Garlinghouse stated that it will proceed in the legal case against the SEC following the recent court decision in Ripple’s favor. In an X post on Wednesday, Garlinghouse said that the firm would fight till the end, even though XRP has already been considered a non-security.  The SEC aims to reverse the ruling that deemed XRP as a non-security. The Ripple CEO made a bold statement claiming that the legal status of XRP will not change because of this appeal. Notably, the legal team of XRP stated that the litigation might proceed till 2026. The appeal is aimed at enforcing securities laws on institutional sales and reversing the previous ruling.

The post Will Continue the Battle Till the End: Ripple CEO to SEC appeared first on CryptoTale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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