Ripple CEO Brad Garlinghouse Criticizes SEC for Overlooking XRP Lawsuit
Ripple's CEO Brad Garlinghouse slams the SEC for ignoring a court ruling declaring XRP non-security, escalating the regulatory conflict.

Ripple's CEO Brad Garlinghouse slams the SEC for ignoring a court ruling declaring XRP non-security, escalating the regulatory conflict.
With the SEC poised to withdraw demands, Ripple (XRP) may soon shed its legal uncertainties, opening the door for renewed market confidence and potential growth.
Ripple and SEC agree on a revised timeline for court document release, balancing transparency with confidentiality. However, concerns persist regarding potential redactions, restricting access to vital information.
Massive 25.10 million XRP transfer to Bitstamp amid Ripple-SEC lawsuit extension sparks market speculation. Despite sell-off, XRP price rebounds, raising manipulation concerns. Derivatives data suggests potential uptrend, but analyst warns of resistance levels, hinting at price correction.
Ripple Labs CEO Brad Garlinghouse said Friday that the SEC has been a “bully.” The SEC has cracked down on the industry in a mission to protect investors, ramping up enforcement actions over the past year.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
The Ripple vs SEC case continues to produce encouraging signs of a favorable end for Ripple which in turn would boost XRP price action.
XRP rallied 10% after the ruling was announced.
The U.S. Securities and Exchange Commission and Ripple Labs both filed motions for summary judgment.