#Ripple
Trade now ๐๐๐คฉ๐คฉ๐๐ฏ๐คโค๐ค๐ฏ๐
๐ฟ๐๐ ๐๐๐ฅ๐ฅ๐ก๐ ๐๐๐๐ก๐ก๐ฎ ๐๐๐ฃ ๐๐๐ ๐๐๐ฌ๐จ๐ช๐๐ฉ ๐ฟ๐๐จ๐ฅ๐๐ฉ๐ $125๐ ๐๐๐ฃ๐? ๐๐๐ฌ๐ฎ๐๐ง ๐๐๐ง๐๐จ ๐ฝ๐๐๐ ๐๐ฉ ๐พ๐๐
The protracted XRP lawsuit has sparked a heated debate after Ripple CEO Brad Garlinghouse declared victory during the Senate hearing. Ex-SEC lawyer Marc Fagel has shot down the Ripple CEOโs victory claim, offering a more nuanced view of the outcome
As CoinGape reported yesterday, Garlinghouse remained vocal about the XRP lawsuit during the Senate testimony. The Ripple CEO noted, โRipple was the first leading U.S. crypto company to be sued by the SEC. We and many others understood that a loss here would be a death knell for the industry in the U.S.โ He added,The court ruled in our favor on everything that mattered, including confirming that XRP is not, in itself, a security. Our victory cleared the path for others in the market to fight back.
Significantly, Garlinghouse called the Senateโs attention to the need for clear crypto regulation during the hearing. He also noted that the regulatory landscape has shifted under the current administration, with the SEC appearing more receptive to crypto innovation, as evident from the XRP lawsuit resolution.
