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SEC will drop its appeal against Ripple, CEO Garlinghouse says

Coin Telegraph LogoCoin Telegraph12h ago

SEC will drop its appeal against Ripple, CEO Garlinghouse says - Coin Telegraph

Quick Summary:

The end of a long-running legal battle between Ripple and the SEC comes four years after the US securities regulator sued the company over an alleged $1.3 billion unregistered securities offering in December 2020.“We’re now closing a chapter in crypto history,” Garlinghouse stated, adding that “it’s time to make the United States the crypto capital of the world.”Data from Cointelegraph Markets Pro and TradingView show that the crypto market responded positively to the development.

The United States Securities and Exchange Commission’s multi-year enforcement action against Ripple is finally coming to an end, according to the company CEO.“This is it — the moment we’ve been waiting for.

Source: Brad Garlinghouse“I’m finally able to announce that the case has ended; it’s over,” Garlinghouse said in the attached video to the X post.

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Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 13:27:52 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27174079

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 290 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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