News View Non-AMP

BREAKING: Ripple CEO Ready to Take SEC to Supreme Court!

Published by
Nidhi Kolhapur

In a recent interview at DC Fintech Week 2023, Ripple CEO Brad Garlinghouse, dished out the deets on the ongoing legal scuffle with the Securities and Exchange Commission (SEC).

Hold on tight, ’cause what he spilled had the crypto and Ripple communities buzzing. Here’s everything you need to know.

Settlement Offer and Withdrawal: What’s the Game?

During the interview, Brad Garlinghouse disclosed that he had been offered a potential middle-ground solution to resolve the legal dispute outside of court. However, this option was later withdrawn “with prejudice.” Garlinghouse interprets this as a clear sign of Ripple’s strength in the case, stating, “It feels quite satisfying.” He believes that the offering and subsequent withdrawal strongly indicate that the opposition lacked confidence in winning the case.

Also Read: A Look at Ripple’s Hidden Potential: Is XRP the Next Bitcoin?

Ripple Has a Rocky Road Ahead

Despite the uncertainty surrounding the case, Garlinghouse is determined to see the legal battle through to its conclusion. He expressed his readiness to take the matter to the highest court in the land. The SEC has hinted at the possibility of filing an appeal against the US District Judge Analisa Torres’ ruling, suggesting that the case could ultimately reach the Supreme Court.

Garlinghouse affirmed, “I think that definitely could happen,” reiterating Ripple’s commitment to see the case through.

In a gutsy move, Garlinghouse wants the SEC to own up. He pointed fingers at the “Hinman emails,” adding some spice to the legal drama. These emails stirred up a debate about what the SEC is up to in the crypto world.

Global Crypto Scene: Ups and Downs

Shifting focus from the legal rollercoaster, Garlinghouse highlighted how other countries are rolling out the crypto welcome mat. Japan, Switzerland, Singapore, the UK, and Australia are drawing in investments and go-getters, showing a sharp contrast to the US’s rulebook.

Read More: Ripple Lawsuit: 99.1% Chance of Win Against SEC, Predicts Deaton

As Ripple stands firm and the SEC thinks about an appeal, the final legal act is still up in the air. Ripple’s battle cry echoes, maybe gearing up for a showdown at the Supreme Court.

Do you think Ripple will ultimately win this case?

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

In a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX)…

April 2, 2025

Trump Tariffs Live: Bitcoin Price Rallies To $87000 On ‘Liberation Day’

Cryptocurrency markets are experiencing fluctuations as traders brace for President Donald Trump's "Liberation Day" announcement,…

April 2, 2025

Grayscale Announces Launch of Two New Bitcoin ETFs: Here’s What They Are

Grayscale, a leading crypto asset manager, has introduced two new Bitcoin ETFs, offering a fresh…

April 2, 2025

Remember This Name! Remittix Presale Becomes the Top Predicted of 2025 as Project Raises Almost $15M in Record Time

In a year marked by conservatism and a sentiment shift in crypto, one name is…

April 2, 2025

Has Elon Musk Forgotten About Dogecoin (DOGE)?

Particularly for Dogecoin (DOGE), Elon Musk, the billionaire entrepreneur CEO of Tesla and SpaceX, has…

April 2, 2025

Shiba Inu Drops 9%, but RUVI AI’s (RUVI) Token Might Be the Meme Coin Killer as Investors Rush to Claim their Bonus

The cryptocurrency market is no stranger to ups and downs, and this week, Shiba Inu…

April 2, 2025