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Bitcoin
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$117,573.00 0.95409
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Ethereum
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$2,964.41 -0.5195
Ethereum price
BNB
BNB (BNB)
$688.92 0.49676
BNB price
Solana
Solana (SOL)
$162.26 -0.87004
Solana price
XRP
XRP (XRP)
$2.73 7.09513
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000134 1.92966
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Pepe
Pepe (PEPE)
$0.0000126 2.59158
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Bonk
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$0.0000228 -1.59668
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dogwifhat
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Popcat
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Bitcoin
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Ethereum
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BNB
BNB (BNB)
$688.92 0.49676
BNB price
Solana
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$162.26 -0.87004
Solana price
XRP
XRP (XRP)
$2.73 7.09513
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000134 1.92966
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 2.59158
Pepe price
Bonk
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$0.0000228 -1.59668
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dogwifhat
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$0.972675 -6.83773
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Popcat
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Popcat price
Bitcoin
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$117,573.00 0.95409
Bitcoin price
Ethereum
Ethereum (ETH)
$2,964.41 -0.5195
Ethereum price
BNB
BNB (BNB)
$688.92 0.49676
BNB price
Solana
Solana (SOL)
$162.26 -0.87004
Solana price
XRP
XRP (XRP)
$2.73 7.09513
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000134 1.92966
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 2.59158
Pepe price
Bonk
Bonk (BONK)
$0.0000228 -1.59668
Bonk price
dogwifhat
dogwifhat (WIF)
$0.972675 -6.83773
dogwifhat price
Popcat
Popcat (POPCAT)
$0.366707 0.1522
Popcat price

Ripple CEO gets ready for XRP fight in Supreme Court

Yana Khlebnikova
Edited by
News
Ripple CEO gets ready for XRP fight in Supreme Court

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

However, he stated that the proposal was withdrawn “biased” and believes this reflects the fact that Ripple currently has the upper hand in the legal battle over XRP’s security status.

Ripple surpassed $0.69, bringing XRP’s November gain into double-digit territory. In just a month, the token has risen in price by 35% since the beginning of the year – by 80%.

Ripple CEO gets ready for XRP fight in Supreme Court - 1
XRP price | Source: CoinMarketCap

The SEC filed a lawsuit against the trading platform in December 2020. The SEC accused Ripple of illegal trading of securities – XRP tokens.

In July 2023, Southern District of New York Judge Analisa Torres ruled in favor of the crypto project. She ruled that XRP cannot be considered a security. However, institutional sales of tokens may still qualify as sales of unregistered securities.

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.