Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

2025-05-12

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12

    Analyst reveals factors that will make it happen in 2025

    2025-05-12

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Ripple president says, ‘No going back on battle with SEC’
Altcoins

Ripple president says, ‘No going back on battle with SEC’

2023-09-13No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: September 14, 2023

  • The president noted that it was unperturbed by the SEC’s theatrics, and would see the case to the very end.
  • The firm’s hiring concentration remained outside the U.S.

Monica Long, Ripple’s [XRP] president, told CNBC that the firm was ready to fight all the way through in its case with the U.S. SEC. The ongoing lawsuit, which started in 2020, has been filled with twists and turns.


Read Ripple’s [XRP] Price Prediction 2023-2024


In July, U.S. District Judge Analisa Torres proclaimed that XRP was not a security, and gave Ripple a partial win over the regulator. However, the SEC, dissatisfied with the judgment, has requested permission to file an interlocutory appeal, which was still pending at press time.

Ready to roll in the mud

However, according to Long, the SEC’s appeal application would not deter Ripple from standing its ground. In the 11 September interview, Monica said that Ripple was not concerned about the longevity of the case. Rather, it was only focused on proving that the initial judgment was a fact.

She said, 

“We also got clarity in that lawsuit. And the judge’s order in that case said very clearly XRP in and of itself is not a security, which kind of opens the doors to us to really expand our business — not just in the U.S. but even more globally.”

Since the SEC publicly revealed that it would file an appeal, there has been speculation that Ripple might settle. Some other corners said the blockchain firm might back out of the lawsuit. However, that has not been the case.

See also  Bitwise Closes Rankings with a $200 Million Seed Fund

On 29 August, CEO Brad Garlinghouse opined that the SEC was acting out of control despite the facts brought to the court.

While these are great outcomes… and it’s feeling like a summer of justice…

it’s sad that so many in the US crypto community have to resort to the legal process to prove this SEC is out of control and consistently WRONG on the facts and the law. https://t.co/sdZpaO4coh

— Brad Garlinghouse (@bgarlinghouse) August 29, 2023

Days after that, Ripple’s Chief Legal Officer Stuart Alderoty called out the SEC for being hypocritical and manipulative. As a result of the brawl between the two warring parties, Long said the firm was looking to operate mainly outside the U.S. jurisdiction. In defending the firm’s stance, she told CNBC that,

“We’ve always been very engaged with regulators, policymakers, and it’s just a part of our DNA. When we build [a] product, compliance is in the room. They have a seat at the table.”

Ripple looks beyond the obstacles

Her claim was corroborated by Garlinghouse’s statement on 12 September. Garlinghouse, who spoke to Bloomberg Crypto, disclosed that Ripple was actively hiring outside the U.S., and the long-standing dispute with the SEC was one of the major reasons for the decision.

Ripple CEO Brad Garlinghouse says over 80% of hiring this year will be outside US, where the crypto payments company is embroiled in a long-running legal dispute with the SEC https://t.co/BqKGTRFK95 pic.twitter.com/nZJyMMBvpY

— Bloomberg Crypto (@crypto) September 13, 2023


Is your portfolio green? Check out the XRP Profit Calculator

See also  Web3 Automation Provider Ava Protocol Demand Surges 900% Before Token Launch

At press time, it was unclear which direction the case would head. However, from Ripple’s body language, it was confident of victory. If that happens, then XRP may have a chance at rewarding the XRP army who have stayed loyal to the project.

In all of this back and forth, the token has been trading sideways between $0.48 and $0.51.



Source link

battle president Ripple SEC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Government control could cause the rise of ‘Dark Stablecoins’ – how?

2025-05-12

SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

2025-05-12

Massive comeback above important support

2025-05-12

Top 9 play-to-earn NFT games to try in May 2025!

2025-05-12
Add A Comment

Comments are closed.

Top Posts

Ava Labs unveils the Seed Abstraction feature in the Core app

2023-12-15

OneKey hardware wallet integrates support for Neo

2024-12-19

Here’s The Total Number Of XRP That Ripple Currently Holds

2023-08-02
Editors Picks

Revolutionizing security in the Aptos ecosystem

2024-11-30

Why Michael Saylor Wants You to ‘Sell Your Gold, Buy Bitcoin’

2024-02-20

Markets Sink as SEC Sues Binance and Changpeng Zhao for Alleged ‘Blank Contempt’ of Securities Laws

2023-06-05

Deutsche Bank and Standard Chartered Ventures test SWIFT Killer for Stablecoins and CBDCs

2023-10-28
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,449.10-2.05%
  • ethereumEthereum(ETH)$2,468.81-2.87%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.514.88%
  • binancecoinBNB(BNB)$656.330.22%
  • solanaSolana(SOL)$172.98-1.40%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.227286-3.88%
  • cardanoCardano(ADA)$0.81-0.87%
  • tronTRON(TRX)$0.2702971.79%
  • suiSui(SUI)$3.92-3.69%
  • chainlinkChainlink(LINK)$16.57-4.20%
  • avalanche-2Avalanche(AVAX)$24.58-2.02%
  • stellarStellar(XLM)$0.3086080.17%
  • shiba-inuShiba Inu(SHIB)$0.000016-4.10%
  • hedera-hashgraphHedera(HBAR)$0.2116691.36%
  • the-open-networkToncoin(TON)$3.32-3.23%
  • hyperliquidHyperliquid(HYPE)$24.45-2.68%
  • bitcoin-cashBitcoin Cash(BCH)$408.33-0.63%
  • unus-sed-leoUNUS SED LEO(LEO)$8.593.15%
  • polkadotPolkadot(DOT)$5.03-2.04%
  • piPi(PI)$1.11-3.10%
  • litecoinLitecoin(LTC)$103.231.85%
  • moneroMonero(XMR)$337.711.22%
  • pepePepe(PEPE)$0.000013-5.53%
  • bitget-tokenBitget Token(BGB)$4.78-2.86%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.08%
  • uniswapUniswap(UNI)$6.81-2.58%
  • bittensorBittensor(TAO)$452.82-3.38%
  • nearNEAR Protocol(NEAR)$3.15-0.84%
  • aptosAptos(APT)$5.81-2.14%
  • aaveAave(AAVE)$219.15-1.57%
  • okbOKB(OKB)$54.12-2.71%
  • ondo-financeOndo(ONDO)$1.02-2.56%
  • internet-computerInternet Computer(ICP)$5.68-2.71%
  • ethereum-classicEthereum Classic(ETC)$19.62-2.69%
  • kaspaKaspa(KAS)$0.113363-4.48%
  • mantleMantle(MNT)$0.80-0.85%
  • gatechain-tokenGateToken(GT)$21.84-0.40%
  • crypto-com-chainCronos(CRO)$0.1002620.73%
  • render-tokenRender(RENDER)$5.12-4.22%
  • vechainVeChain(VET)$0.030728-2.46%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.251559-2.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.90-7.59%
  • ethenaEthena(ENA)$0.381329-8.49%
  • usd1World Liberty Financial USD(USD1)$1.010.49%
  • filecoinFilecoin(FIL)$3.10-2.21%
  • algorandAlgorand(ALGO)$0.239801-1.63%
  • cosmosCosmos(ATOM)$5.19-2.73%
  • bitcoinBitcoin(BTC)$102,449.10-2.05%
  • ethereumEthereum(ETH)$2,468.81-2.87%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.514.88%
  • binancecoinBNB(BNB)$656.330.22%
  • solanaSolana(SOL)$172.98-1.40%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.227286-3.88%
  • cardanoCardano(ADA)$0.81-0.87%
  • tronTRON(TRX)$0.2702971.79%
  • suiSui(SUI)$3.92-3.69%
  • chainlinkChainlink(LINK)$16.57-4.20%
  • avalanche-2Avalanche(AVAX)$24.58-2.02%
  • stellarStellar(XLM)$0.3086080.17%
  • shiba-inuShiba Inu(SHIB)$0.000016-4.10%
  • hedera-hashgraphHedera(HBAR)$0.2116691.36%
  • the-open-networkToncoin(TON)$3.32-3.23%
  • hyperliquidHyperliquid(HYPE)$24.45-2.68%
  • bitcoin-cashBitcoin Cash(BCH)$408.33-0.63%
  • unus-sed-leoUNUS SED LEO(LEO)$8.593.15%
  • polkadotPolkadot(DOT)$5.03-2.04%
  • piPi(PI)$1.11-3.10%
  • litecoinLitecoin(LTC)$103.231.85%
  • moneroMonero(XMR)$337.711.22%
  • pepePepe(PEPE)$0.000013-5.53%
  • bitget-tokenBitget Token(BGB)$4.78-2.86%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.08%
  • uniswapUniswap(UNI)$6.81-2.58%
  • bittensorBittensor(TAO)$452.82-3.38%
  • nearNEAR Protocol(NEAR)$3.15-0.84%
  • aptosAptos(APT)$5.81-2.14%
  • aaveAave(AAVE)$219.15-1.57%
  • okbOKB(OKB)$54.12-2.71%
  • ondo-financeOndo(ONDO)$1.02-2.56%
  • internet-computerInternet Computer(ICP)$5.68-2.71%
  • ethereum-classicEthereum Classic(ETC)$19.62-2.69%
  • kaspaKaspa(KAS)$0.113363-4.48%
  • mantleMantle(MNT)$0.80-0.85%
  • gatechain-tokenGateToken(GT)$21.84-0.40%
  • crypto-com-chainCronos(CRO)$0.1002620.73%
  • render-tokenRender(RENDER)$5.12-4.22%
  • vechainVeChain(VET)$0.030728-2.46%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.251559-2.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.90-7.59%
  • ethenaEthena(ENA)$0.381329-8.49%
  • usd1World Liberty Financial USD(USD1)$1.010.49%
  • filecoinFilecoin(FIL)$3.10-2.21%
  • algorandAlgorand(ALGO)$0.239801-1.63%
  • cosmosCosmos(ATOM)$5.19-2.73%