Ripple CEO Drops XRP Bombshell
2025-07-15 10:42:13
Main Idea
Ripple CEO Brad Garlinghouse discusses the legal classification of XRP and its implications following Judge Analisa Torres’ 2023 ruling, which clarified that XRP itself is not a security, though institutional transactions may still be subject to securities laws.
Key Points
1. The SEC’s lawsuit against Ripple centered on whether XRP was a security, with Judge Torres’ July 2023 ruling determining that XRP itself is not a security.
2. Judge Torres’ ruling boosted retail market confidence in XRP, though institutional clarity remained limited.
3. In August 2024, Judge Torres reduced the SEC’s penalty demand from $2 billion to $125 million, but joint motions to dismiss appeals and accelerate settlement were denied in 2025.
4. Garlinghouse emphasized that while XRP itself is not a security, contracts or transactions involving XRP could still be classified as securities under certain conditions.
Description
Financial expert Levi Rietveld shared a notable video clip of Ripple CEO Brad Garlinghouse, in which Garlinghouse addressed the ongoing regulatory situation surrounding XRP and its legal classification. In the video, Garlinghouse revisited the critical legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), underscoring the importance of Judge Analisa Torres’ ruling in July 2023 and its continuing implications for the digital asset market. Garlinghouse explained that t...
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