Brad Garlinghouse, Ripple CEO, said his firm will take its case against the US Securities and Exchange Commission (SEC) to the Supreme Court. Speaking at DC Fintech Week 2023, Garlinghouse explained how his firm was offered to settle the case…
Brad Garlinghouse, Ripple CEO, said his firm will take its case against the US Securities and Exchange Commission (SEC) to the Supreme Court.
Speaking at DC Fintech Week 2023, Garlinghouse explained how his firm was offered to settle the case out of court.
“That feels really good. It feels like…There’s no chance they were going to win that. Pushing that the way they did, it just feels like the SEC should be part of the solution.”
Brad Garlinghouse, Ripple CEO
The SEC filed a lawsuit against the trading platform in December 2020. The SEC accused Ripple of illegal trading of securities – XRP tokens.
At the end of October, the regulator refused to participate in the trial of the Ripple case. All charges against the site management were dismissed.