Ripple v SEC Lawsuit Update Sep. 18
Ripple's CEO - Brad Garlinghouse - and President Monica Long both said that the lawsuit with the US SEC will prompt the company to expand its team outside of the US....
- Ripple's CEO and President stated that the lawsuit with the US SEC will lead the company to expand its team outside of the US.
- The lawsuit between Ripple and the US SEC began in 2020, with the SEC accusing Ripple of breaching laws and using the unregistered security XRP to raise funds.
- Ripple recently secured a victory when a US Judge ruled that most of its XRP sales did not constitute an offer of unregistered securities.
- This victory has caused excitement in the digital asset sector and positively impacted the price of Ripple's native token, XRP.
The overall sentiment of the article is positive, highlighting Ripple's recent victory in the lawsuit and its positive impact on the digital asset sector.