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 e fai ma puipuiga.

Garlinghouse Fai mai i se faatalanoaga a le CNBC e faapea o se faaiuga e faatoa tupu pe afai e faamanino e le SEC o le XRP e le o se puipuiga.

“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…

O le ata Venn mo le fa'amautu o lo'u manatu e leai. O lea ou te manatu o le a iu ina tatou tuu atu i le faamasino e faia le faaiuga.”

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

“Matou te faamoemoe o se faaiuga mai le faamasino e mautinoa lava i le 2023. Ae e leai sau pule i le taimi e faia ai e se faamasino a latou faaiuga.

Ou te talitonu e te iloa i se taimi i le numera tasi-numera a sau o masina o le a tatou tapunia ai.

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.

Ma ou te manatu o le fusuaga sa matou tau ai, i nisi itu, sa mo le pisinisi atoa.

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