Ripple CEO Takes Stand Against SEC's Appeal in XRP Case

Brad Garlinghouse, the CEO of Ripple Labs, has revealed plans to continue his legal battle against the U.S. Securities and Exchange Commission (SEC) following the regulator’s decision to appeal a recent court ruling regarding XRP.

In a post on X on October 2, Garlinghouse remarked, “Somehow, they still haven’t gotten the message: they lost on everything that matters.” He underscored that, despite the appeal, XRP is currently classified as a non-security.

In July, Judge Analisa Torres of the New York District Court ruled that XRP is not considered a security when sold on public exchanges, marking a partial victory for Ripple in the SEC’s ongoing lawsuit.

In July, Judge Analisa Torres of the New York District Court ruled that XRP is not classified as a security when sold on public exchanges, delivering a partial victory for Ripple in its ongoing lawsuit with the SEC. Read More -- https://voiceofentrepreneur.life/

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