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Ripple’s Desperate Cry for Help as SEC Refuses to Admit It Was Wrong About XRP and Now the Company Is Toast

A distressed Brad Garlinghouse (Ripple CEO) is seen in a darkened room with his back to the viewer, surrounded by scattered papers and broken chains representing lost freedom, while XRP tokens float around him like flames, symbolizing the burning issue at hand. A faint image of Judge Analisa Torres's gavel can be seen on the wall behind Garlinghouse.

Ripple CEO Slams SEC for Ignoring XRP Ruling: ‘Agency Oversteps Legal Authority’ – A New Low for a Renegade Agency? (Oct 14, 2024).

Source: bitcoin.com

Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to rising tensions between crypto firms and the SEC over perceived regulatory overreach. Ripple CEO Brad […]

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