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Ripple CEO Gives Two Reasons to Dismiss SEC Lawsuit

Ripple CEO Gives Two Reasons to Dismiss SEC Lawsuit



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  1. tldr; Ripple CEO Brad Garlinghouse’s legal counsel has asked a judge to dismiss the Securities and Exchange Commission’s lawsuit against the company. The SEC claimed that Ripple had been illegally selling XRP in order to raise $1.3 billion in unregistered security offerings since 2013. In a letter sent to the judge, the lawyer described the case as “regulatory overreach, plain and simple”

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I bet this douche bag is looking for all kinds of reason for the SEC to leave him alone, sorry pal! They’re just getting started!!! The founders of ripple have been running a scam and should be in prison!

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