CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
CoinTelegraph 2025-03-19 13:27:52

SEC will drop its appeal against Ripple, CEO Garlinghouse says

The United States Securities and Exchange Commission’s multi-year enforcement action against Ripple is finally coming to an end, according to the company CEO. “This is it — the moment we’ve been waiting for. The SEC will drop its appeal — a resounding victory for Ripple, for crypto, every way you look at it,” Ripple CEO Brad Garlinghouse wrote on X on March 19. Source: Brad Garlinghouse “I’m finally able to announce that the case has ended; it’s over,” Garlinghouse said in the attached video to the X post. The end of a long-running legal battle between Ripple and the SEC comes four years after the US securities regulator sued the company over an alleged $1.3 billion unregistered securities offering in December 2020. Garlinghouse announces the news at the Digital Asset Summit Garlinghouse’s announcement on the end of the SEC-Ripple case came amid the Digital Asset Summit in New York. “Just a few minutes ago, right before I walked up here, I posted on X that we can now announce that the SEC is no longer pursuing their appeal in the Ripple case,” the CEO stated. Ripple CEO Brad Garlinghouse at the Digital Asset Summit 2025. Source: Cointelegraph “We’re now closing a chapter in crypto history,” Garlinghouse said in the video on X, adding that “it’s time to make the United States the crypto capital of the world.” “Ripple’s main message is about gratitude” In the statement, Garlinghouse praised the new SEC leadership and executive and legislative branches of the US government for “seeking a rational and constructive way forward on crypto.” The CEO emphasized that his main message is about gratitude, stating: “It’s gratitude to everyone who stood by us, to every Ripple employee, to the incredible legal team here at Ripple, led by the best chief legal officer in the business. To all the gratitude, certainly to the XRP family, to our customers, to our partners.” Data from Cointelegraph Markets Pro and TradingView show that the crypto market responded positively to the development. XRP price surged 10% following SEC’s backdown. Source: TradingView Magazine: Classic Sega, Atari and Nintendo games get crypto makeovers: Web3 Gamer This is a developing story, and further information will be added as it becomes available.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta