Ripple’s Garlinghouse Hopeful On Outcome Of XRP Lawsuit As He Stays Bullish On Crypto Market

Ripple’s Garlinghouse Hopeful On Outcome Of XRP Lawsuit As He Stays Bullish On Crypto Market
ôîòî ïîêàçàíî ñ : zycrypto.com

2023-1-29 22:02

Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has expressed confidence in the SEC vs Ripple lawsuit being settled this year, noting that a final ruling might come before June 30.

Speaking on the sidelines of the World Economic Forum in Devos, the Ripple executive revealed that he was satisfied with the Ripple team’s defence. He also noted that they were open to a settlement with the U.S. Securities and Exchange Commission (SEC), despite the regulator’s continued insistence on most cryptocurrencies being securities.

“The case is now fully briefed. We’re optimistic that this will be resolved in 2023 and maybe the first half,” Brad said in an interview with CNBC. “So, we will see how it plays out from her but I feel very good about where we are relative to the law and the facts.”

Garlinghouse was sued by the SEC alongside Ripple and Chris Larsen, the company’s co-founder, in 2020 for selling $1.3 billion worth of XRP after the regulator claimed the process breached US securities laws. He further noted that a settlement for the lawsuit would not only be essential to Ripple but also the crypto industry in the United States.

Bullish On the Crypto Industry

Garlinghouse also weighed in on the current state of the cryptocurrency market, noting that he’s bullish on Bitcoin, Ether and other cryptos in the long term.

“I have tried to stay out of the short-term price prediction on all things Bitcoin and crypto in general. (However) I’m long-term very bullish” Brad said.

To him, not even the recent FTX debacle or the ongoing chaos by crypto firms such as DCG and Gemini could prevent the crypto sector’s long-term success.

“I think you’ll continue to hear noise with what’s going on with DGC and Gemini…hard to know, it sounds like that could work out constructively…the fact that you are seeing some changes in the crypto world I think can be healthy for the industry in the long term.” He went on.

Asked about what he thought would be the biggest catalyst to the success of crypto, Brad, 51, noted that it was focusing on “companies that are solving real problems” and drawing up regulations for the crypto sector. 

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) íà Currencies.ru

$ 0.5133 (+0.18%)
Îáúåì 24H $621.681m
Èçìåíåèÿ 24h: -1.77 %, 7d: 4.53 %
Cåãîäíÿ L: $0.5077 - H: $0.5134
Êàïèòàëèçàöèÿ $28.378b Rank 7
Öåíà â ÷àñ íîâîñòè $ 0.4109 (24.92%)

ripple garlinghouse lawsuit being settled sec year

Èñòî÷íèê: zycrypto.com

ripple garlinghouse → Ðåçóëüòàòîâ: 126


Ôîòî:

Ripple CEO Brad Garlinghouse warns of deepfake scams targeting the XRP community

Brad Garlinghouse, CEO of Ripple, expressed concern over the surge in deepfake videos impersonating him to promote fraudulent schemes and false giveaways. In a Nov. 13 post on social media platform X, Garlinghouse pointed out an “uptick in deepfake scam videos overlaying new words with old video footage from Ripple’s events” on YouTube.

2023-11-14 16:40


Ôîòî:

Ripple Hires New Lawyer To Defend CEO Brad Garlinghouse In The Ongoing SEC Case

As part of the ongoing legal battle with the Securities and Exchange Commission, Ripple has onboarded a new attorney to help defend CEO Brad Garlinghouse. Nicole Tatz Joins Ripple’s Legal Team Nicole Tatz, an attorney from Cleary Gottlieb Steen & Hamilton LLP, has joined Ripple to represent the interests of Garlinghouse, according to Criminal Defense […]

2021-6-11 20:43


Ripple’s Brad Garlinghouse: XRP Ledger solves ‘Bitcoin’s scalability problems’

Brad Garlinghouse, the CEO of Ripple, recently has been making numerous public appearances in order to fill in the general public about Ripple’s position in driving the crypto adoption. In this latest interview with the Economic Club Of New York, Garlinghouse explained that cryptocurrency  is still at its ’emerging’ stage.

2019-10-9 22:30


Ethereum “Looking Good” With New Volume Highs Since 2017 While XRP Looks “Promising” to Test Previous High Plus BSV’s 62% Surge

Ethereum “Looking Good” With New Volume Highs Since 2017 While XRP Looks “Promising” To Test Previous High Plus BSV’s 62% Surge ETH consolidation right on top of the Aug-Sept resistance 99 percent of banks love what (Ripple) is doing – Brad Garlinghouse BSV Surges after “Faketoshi” Files for Copyrights of Bitcoin Whitepaper The second largest […]

2019-5-22 18:12


Ripple’s technology is used for transferring billions of dollars around the world, says CEO Brad Garlinghouse

Brad Garlinghouse, the CEO of Ripple, spoke about the payments network around the world on a panel with PayPal’s CEO, Daniel Schulman, at the FinTech Ideas Festival 2019. Garlinghouse said that the existing payment networks are slow and inefficient and that they need an upgrade since transferring money across border takes days, despite innovations in […] The post Ripple’s technology is used for transferring billions of dollars around the world, says CEO Brad Garlinghouse appeared first on AMBCrypto.

2019-4-4 14:30


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

What Triggered The 6,350% Spike In XRP Long Liquidations Compared To Shorts?

The bulls have continued to take a beating in the market, and XRP bulls, in particular, were recently in the spotlight as $1. 27 million was liquidated from their long positions. This 6,350% spike in long liquidations is likely due to XRP’s recent price action, highlighting the general sentiment in its ecosystem.