💪💪Ripple Resolves SEC Case, Calls for U.S. Crypto Clarity👇👇👇
Ripple’s recent legal victory against the SEC sets a precedent for the classification of digital assets in the U.S., highlighting Ripple's legal stance and its potential industry-wide implications.
Ripple successfully contested the SEC's charges, initially demanding $900 million, reducing it to a $125 million settlement. The milestone underscores the non-security status of XRP in secondary markets, signaling a strategic legal victory. Cheyenne Ligon's updates and commentary on crypto
Brad Garlinghouse, Ripple CEO, announced publicly that the SEC case is over, reflecting a significant legal validation for XRP's status. “We every critical legal point, proving that XRP is not a security. That is now the law. ... We’re all stronger for our prior litigation successes and today’s landmark victory.” He urged the industry to “leave the tribalism behind” and called for the U.S. to become the “crypto capital of the world.” Ripple seeks to advance the "Internet of Value" and calls for the U.S. to embrace its role as a crypto leader.