0
0
News

XRP Pops as CEO Brad Garlinghouse Says SEC Case is Over

The long-running SEC case against Ripple Labs has ended after 4 years of legal battles.
0
0
Mar 19, 20251 min read

Ripple CEO Brad Garlinghouse announced that the SEC has decided to drop its appeal in the company’s long-standing legal dispute, causing XRP to rally.

What’s the Scoop?

  • Case Closed?: Ripple CEO Brad Garlinghouse announced that the four-year SEC lawsuit is ending, with the SEC poised to drop its appeal, he says.
  • XRP Price Response: XRP climbed 14% to $2.56 following the announcement, signaling strong market support.
  • SEC Appeal Dropped: While the SEC itself has yet to confirm the appeal withdrawal, Garlinghouse’s comment suggests a major resolution.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.