🔥Ripple CEO: "XRP Was Never a Security"‼️
Ripple CEO Brad Garlinghouse stated that July 13, 2023 is a turning point for Ripple and the cryptocurrency industry.
In his statement after the SEC lost the case classifying XRP as a security, Garlinghouse criticized the SEC's unfair and illegal wars against the sector.
U.S. District Court for the Southern District Judge Analisa Torres stated that XRP is not a security on digital asset exchanges, but sales to institutional investors can be considered securities. This decision largely found Ripple right in the SEC's lawsuit against Ripple and was seen as a positive development for the future of XRP.
Garlinghouse stated that the SEC is trying to stifle the industry by creating confusion in the market. This decision is considered a significant step in cryptocurrency regulations in the US and has enabled XRP to be relisted on many exchanges.
🔥🔥🔥 Ripple's victory is a big step towards eliminating regulatory uncertainties in the cryptocurrency industry. However, the fight is not over yet and Ripple will continue its work for the future of cryptocurrencies‼️