Ripple Announces New President As XRP Lawsuit Conclusion Looms

پاران روزاني هول - 1 سال اڳ - پڙهڻ جو وقت: 2 منٽ
آچر، جنوري 29، 2023 5:55 PM

Ripple Announces New President As XRP Lawsuit Conclusion Looms

Ripple Labs has announced a new president as the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the payments platform nears a conclusion.

نئين ڪمپني ۾ بلاگ پوسٽ, Ripple says that Monica Long, the firm’s senior vice president and general manager, will be promoted to president.

جيئن بيان ڪيو ويو آهي Ripple سي اي او براد گارلنگ هائوس،

“Even in the current challenging crypto environment, Monica has helped guide Ripple to a very unique place of growth and financial strength. She’s been an instrumental adviser to me over the years, and I’m grateful to have the opportunity to partner with her even more closely as she embarks on her role as president.”

Long, who started working for Ripple in 2013 when the firm had just 10 employees, was promoted to the position of general manager in 2020 and چوي ٿو هوءَ ڪمپني جي نئين صدر جي حيثيت سان شين کي ختم ڪرڻ جي خواهشمند آهي.

“Over half my professional career has been in crypto – and more importantly, at Ripple. I’m incredibly honored and ready to hit the ground running as president.”

The SEC initially sued Ripple Labs in December 2020 under allegations that XRP was issued as an unregistered security, and remains one today.

هن مهيني جي شروعات ۾، Garlinghouse چيو the chances of Ripple settling with the SEC are virtually “zero” and said the lawsuit could be concluded sometime this year.

”اسان کي 2023ع ۾ جج کان فيصلي جي اميد آهي. پر جڏهن جج پنهنجا فيصلا ڪري ٿو ته ان تي توهان جو ڪو به ڪنٽرول نه آهي.

مان پراميد آهيان ته ايندڙ مهيني جي هڪ عددي نمبر ۾ ڪنهن وقت اسان کي بند ڪيو ويندو.

خاص تصوير: Shutterstock/IfH

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