- Written by: Lele Jima
- Thu, 20 Jul 2023
- United States
Ripple CEO has continued to celebrate the company’s resounding victory against the SEC, describing the court’s ruling as an unequivocal win for the US crypto industry. Brad Garlinghouse, CEO at Ripple, has continued celebrating the recent court ruling, which led to the declaration of XRP as a non-security. In a tweet today, Garlinghouse said he […] The post Ripple CEO Says Court Ruling in XRP Favor “Is An Unequivocal Win for Crypto” first appeared on The Crypto Basic.
Ripple CEO Says Court Ruling in XRP Favor “Is An Unequivocal Win for Crypto”
Ripple CEO has continued to celebrate the company’s resounding victory against the SEC, describing the court’s ruling as an unequivocal win for the US crypto industry.
Brad Garlinghouse, CEO at Ripple, has continued celebrating the recent court ruling, which led to the declaration of XRP as a non-security.
In a tweet today, Garlinghouse said he is still grateful to the Ripple team for its recent victory against the SEC. Garlinghouse described the recent court ruling as an unequivocal win for Ripple and the entire United States crypto industry.
It’s been less than a week since the decision dropped, and I’m still overwhelmed with gratitude for (and hugely proud of) this team.
An unequivocal win for Ripple and for crypto in the US.
Garlinghouse remarked while reacting to Ripple’s tweet regarding Judge Analisa Torres’ ruling.
A Landmark Victory Over SEC
According to Ripple’s blog post yesterday, the court’s declaration of XRP as a non-security is the company’s landmark victory over the SEC.
It noted that the SEC introduced the case in December 2020 has always been about whether XRP is an investment contract or a security under the law.
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