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Ripple Makes 'Good Progress' in Legal Row With SEC, Says Brad Garlinghouse
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US blockchain company Rippleis making “good progress” in its efforts to resolve its legal conflict with the US Securities and Exchange Commission (SEC), hoping to end the row in 2022, according to the chief executive.
Brad Garlinghouse, CEO of Ripple, said that the legal case, which is centered on the firm’s XRP token, is moving slowly forward, although towards a potentially favorable outcome.
“We’re seeing pretty good progress despite a slow-moving judicial process,” the CEO told local broadcaster CNBC. “Clearly we’re seeing good questions asked by the judge. And I think the judge realizes this is not just about Ripple, this will have broader implications.”
The American regulator’s case against Ripple is centered on the accusation that the
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