Global #Brad Garlinghouse

The XRP community is buzzing with excitement as Ripple's lengthy legal battle with the SEC approaches a critical juncture. A recent post by Ashley Prosper on X has illuminated the next steps in the appeal process, igniting responses from prominent voices within the community.

In the wake of the SEC's decision to maintain its stance in the Bitnomial case—where the crypto derivatives exchange contested the classification of XRP futures as “security futures”—Ripple CEO Brad Garlinghouse has voiced his frustration.

XRP has seen a significant downturn, dropping below $0.54 as the U.S. Securities and Exchange Commission (SEC) intensifies its legal battle against Ripple.

Ripple, a prominent player in the crypto payments infrastructure sector, has made significant strides in its expansion plans by securing an in-principle license approval from the Dubai Financial Services Authority (DFSA).

Ripple and its community are savoring a partial victory in their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). However, the future remains uncertain as the deadline for the SEC to appeal approaches.

In a landmark decision, U.S. District Judge Analisa Torres has ruled on the Ripple SEC lawsuit, delivering a substantial blow to the U.S. Securities and Exchange Commission’s (SEC) massive financial demands.