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Ripple CEO Brad Garlinghouse Reflects on the SEC vs. Ripple Case

🔥🔥“We had the conviction to fight the bully that has harassed and executed an unlawful war on our industry.

As I said when it started, I knew we were on the right side of the law and that we would be on the right side of history.”

🔥“In the year since, Gensler’s SEC has ramped up its war on crypto, with the false belief that they could smother this technology and industry…

🚨with failed lawsuits, false rhetoric, slander and intimidation.

They were wrong then. And they are wrong now.”

✅Impact of SEC vs. Crypto Court Rulings

Garlinghouse referred to failed lawsuits that included pivotal court rulings in favor of cryptos.

✅SEC vs. Ripple lawsuit key ruling, a year later

In the SEC vs. Ripple lawsuit, Judge Analisa Torres ruled that XRP is not a security in its secondary market sales, or transactions on crypto exchanges.

✅What’s next in the SEC vs. Ripple lawsuit

XRP holders await a ruling in the SEC vs. Ripple lawsuit. Attorney Fred Rispoli had predicted that the Ripple lawsuit will end in July 2024.

However, the lawsuit rages on, with traders awaiting a final outcome in the legal battle between the US financial regulator and Ripple.

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