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Ripple CEO: Respect the court's ruling, the SEC's resistance to the XRP community has vanished

2024-08-08 08:13:34

ChainCatcher news, after a U.S. federal judge ruled that Ripple's sales of XRP to retail customers did not violate federal securities laws, Ripple CEO Brad Garlinghouse posted on X: "The SEC demanded $2 billion, and the court recognized that they went too far, reducing their demand by about 94%. We respect the court's ruling and are clearly continuing to grow our company. This is a victory for XRP, the industry, and the rule of law. The SEC's resistance to the entire XRP community has vanished."

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