US SEC Drops Ripple Lawsuit
In a massive development for the crypto industry, the US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple. The firm’s CEO, Brad Garlinghouse, made this revelation about the Ripple lawsuit, which has sparked a massive surge in the XRP price.
US SEC Officially Drops Ripple Lawsuit
In an X post, Ripple CEO Brad Garlinghouse revealed that the US SEC had dropped the five-year-long Ripple lawsuit, which began in 2020. in his words, Garlinghouse said,
This is it. The moment we have been waiting for. The SEC will drop its appeal, a resounding victory for Ripple, for crypto, every way you look at it. The future is bright, let’s build.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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