News
  • Zameer Attar
    author-profile
    Zameer Attar right arrow
    Author

    Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

    • Reviewed by: Anjali Belgaumkar
      author profile
      Anjali Belgaumkar right arrow
      Reviewed

      Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

      • author twitter
      • author linkedin
    • 1 minute read

    Bitwise Founder On Ripple Lawsuit and Brad Garlinghouse: ‘They Recently Prevailed’

    Story Highlights
    • Bitwise co-founder praises Brad Garlinghouse for his efforts in Ripple vs SEC.

    • SEC's aggressive enforcement actions have significantly impacted Uniswap and Coinbase.

    The lawsuit between Ripple and the US Securities and Exchange Commission (SEC) remains unsettled. Now that the case is nearing its final stages, the company is gaining great support from the crypto community, especially from the Biwise co-founder. 

    Bitwise Founder Hails Garlinghouse

    Bitwise Asset Management co-founder and CEO, Hunter Horsley, praised Ripple’s action in the legal battle with the SEC and called Brad Garlinghouse (CEO of Ripple) a role model. 

    In an interview, Horsley said, “There’s a ton of great things to say about Brad. But the reason one is that they really took on the mantle of pushing back against the SEC’s egregious enforcement.” 

    “And maybe you don’t like XRP, the token, or maybe you don’t like RLUSD, the stablecoin, or maybe you love these things. But in any case, you can appreciate the effort and role….I think very highly of Brad,” he added. 

    How Has SEC Impacted Coinbase and Uniswap? 

    SEC’s aggressive enforcement actions have significantly impacted other major crypto firms, as it has defined how crypto assets and exchanges would be regulated under law. Around 2023, Coinbase and Uniswap Labs faced challenges from the SEC for different reasons. 

    Horsley said the SEC’s blatant sanctions have impacted Uniswap. He added, “It’s impacted consensus, it’s impacted Coinbase, and not everyone can fight back, and they (Ripple) were the first to fight back, and they just recently prevailed.” 

    Deadline for Ripple Vs SEC

    The battle has become one of the most closely watched legal disputes in crypto history, which is expected to take shape on August 15, 2025. The SEC has previously delayed its appeals, but now it needs to report to the appeal court, according to pro-XRP lawyer Bill Morgan

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    What is Ripple’s current global rank among private companies?

    Ripple is ranked the 23rd biggest private company worldwide with a $15B valuation.

    Is Ripple planning an IPO in 2025?

    No, Ripple’s CEO confirmed there are no plans for an IPO in 2025, focusing on growth instead.

    What is Ripple’s latest stablecoin achievement?

    Ripple’s RLUSD stablecoin was ranked the #1 ‘Most Trusted’ in the market.

    Show More

    Related Articles

    Back to top button