Ripple CEO Says Chance of Settling With SEC in XRP Lawsuit Is ‘Zero’, Predicts When Ruling Could Be Delivered

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Ripple CEO Says Chance of Settling With SEC in XRP Lawsuit Is ‘Zero’, Predicts When Ruling Could Be Delivered

Ripple CEO Brad Garlinghouse doesn’t think the payments firm will reach a settlement with the U.S. Securities and Exchange Commission (SEC) in the lawsuit alleging XRP hei haumarutanga.

Whare putiputi ta i roto i te uiuinga a CNBC ka puta he whakataunga mehemea ka whakamarama te SEC ko te XRP ehara i te haumarutanga.

“The problem here is the SEC under [Chair] Gary Gensler has articulated a view that all crypto is a security. The only way that Ripple would settle, and I’ve said this at the very beginning, the only way we would settle is if there’s clarity that XRP is not a security on a go-forward basis…

Ko te hoahoa Venn mo te whakataunga ko taku whakaaro kore. No reira ki taku whakaaro ka mutu ka waiho ma te kaiwhakawa e whakatau."

te Ripple CEO says that a ruling on the SEC’s lawsuit against the payments company could potentially be delivered this year.

“E tumanako ana matou he whakatau mai i te kaiwhakawa hei te tau 2023. Engari karekau he mana whakahaere mo te wa e whakatau ai tetahi kaiwhakawa.

Kei te tumanako ahau kei te mohio koe i etahi wa i roto i nga tau mati kotahi o nga marama ka katia tatou.

According to Garlinghouse, the payments firm has been fighting for the entire crypto industry in the SEC’s lawsuit against Ripple.

“This case is very important to crypto not just for Ripple. It’s for the whole industry.

A ki taku whakaaro ko te whawhai i whawhaihia e matou, i etahi ahuatanga, mo te umanga katoa.

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