Ripple vs SEC: CEO Celebrates XRP Lawsuit Win, But Here’s Why It’s Not Fully Over Yet
2025-07-10 09:22:58
Main Idea
Ripple CEO Brad Garlinghouse discussed Ripple's legal victory over the SEC and its impact on XRP's price and banking partnerships during a Senate hearing.
Key Points
1. Ripple CEO Brad Garlinghouse shared details of Ripple's legal battle with the SEC, which ruled in Ripple's favor, confirming XRP is not a security.
2. Former SEC lawyer Marc Fagel noted that finalizing the case may take 1-2 years due to remaining formalities and potential appeals.
3. XRP price surged 5% following Ripple's partnership with BNY Mellon to manage RLUSD reserves, strengthening its banking ties.
4. Crypto analyst Ali Martinez suggested XRP could reach $2.60 as it breaks out of a key chart pattern.
Description
The post Ripple vs SEC: CEO Celebrates XRP Lawsuit Win, But Here’s Why It’s Not Fully Over Yet appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse recently spoke at a U.S. Senate Banking Committee hearing about crypto regulations. During his speech, Garlinghouse shared how Ripple became the first major U.S. crypto company to be sued by the SEC back in 2020. He explained that after four tough years in court, Ripple has finally won the legal battle. “Thankfully, after four years ...
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