Name
SEC will drop its appeal against Ripple, CEO Garlinghouse says
Description
The U.S. SEC has decided to drop its appeal against Ripple, marking the end of the regulator’s four-year-long legal battle over alleged unregistered securities sales. Ripple CEO Brad Garlinghouse announced the news at the Digital Asset Summit in New York, calling it a "resounding victory for crypto".
Publish date
7:00am, Wednesday, March 19, 2025
Referenced by
Ripple CEO Brad Garlinghouse announces end of SEC case
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News story
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
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It’s gratitude to everyone who stood by us, to every Ripple employee, to the incredible legal team here at Ripple, led by the best chief legal officer in the business. To all the gratitude, certainly to the XRP family, to our customers, to our partners
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