{"id":18079,"date":"2025-03-19T13:31:57","date_gmt":"2025-03-19T13:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18079"},"modified":"2025-03-19T13:31:57","modified_gmt":"2025-03-19T13:31:57","slug":"sec-will-drop-its-appeal-against-ripple-ceo-garlinghouse-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18079","title":{"rendered":"SEC will drop its appeal against Ripple, CEO Garlinghouse says"},"content":{"rendered":"
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\"SEC<\/p>\n

The United States Securities and Exchange Commission\u2019s multi-year enforcement action against Ripple is finally coming to an end, according to the company CEO.<\/p>\n

\u201cThis is it \u2014 the moment we\u2019ve been waiting for. The SEC will drop its appeal \u2014 a resounding victory for Ripple, for crypto, every way you look at it,\u201d Ripple CEO Brad Garlinghouse wrote on X on March 19.<\/p>\n

\"SEC
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Source: <\/em>Brad Garlinghouse<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

\u201cI\u2019m finally able to announce that the case has ended; it\u2019s over,\u201d Garlinghouse said in the attached video to the X post.<\/p>\n

The end of a long-running legal battle between Ripple and the SEC comes four years after the US securities regulator\u00a0sued<\/a>\u00a0the company over an alleged $1.3 billion unregistered securities offering in December 2020.<\/p>\n

\u201cWe\u2019re now closing a chapter in crypto history,\u201d Garlinghouse stated, adding that \u201cit\u2019s time to make the United States the crypto capital of the world.\u201d<\/p>\n

Data from Cointelegraph Markets Pro and TradingView show that the crypto market responded positively to the development.<\/p>\n

\"SEC<\/p>\n

XRP price shot up 10% following SEC\u2019s backout. Source: TradingView<\/em><\/p>\n

This is a developing story, and further information will be added as it becomes available.<\/p>\n