Brad Garlinghouse, CEO of Ripplefor over a year SEC He talked about the ongoing legal battle with him.
Speaking to Bloomberg, Garlinghouse said the court’s SEC’s “fair notice”He said he was satisfied with his decision to reject his request to make his defense.
Describing the court’s decision as a big win, Ripple CEO said the SEC “always trying to expand its control over the cryptocurrency industry” blamed.
As it will be remembered, a few days ago, the US District Court for the Southern District of New York, Judge Analisa Torres, rejected the motion of Ripple CEO Brad Garlinghouse and co-founder Chris Laresen to drop the case.
The court also rejected the SEC’s application that Ripple’s “fair notice” defense was invalid, at this stage. of Ripple He stated that he would not make a decision that his defense was invalid.
An Important Step for the USA!
US President Joe Biden Also referring to the executive order he signed, Garlinghouse cryptocurrencies Although there is no complete clarity about cryptocurrency community He said that it was received positively by the United States and it was an important step for the United States.
“All institutions need to act in a coordinated manner to ensure the US remains competitive in the global cryptocurrency industry.”
Ripple CEO, lastly, cryptocurrency XRPHe pointed out that it is the only country in the world that accepts i as a security.
*Not investment advice.