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SEC will drop its appeal against Ripple, CEO Garlinghouse says

Coin Telegraph LogoCoin Telegraph11h ago

SEC will drop its appeal against Ripple, CEO Garlinghouse says - Coin Telegraph

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Source: Cointelegraph“We’re now closing a chapter in crypto history,” Garlinghouse said in the video on X, adding that “it’s time to make the United States the crypto capital of the world.”“Ripple’s main message is about gratitude”In the statement, Garlinghouse praised the new SEC leadership and executive and legislative branches of the US government for “seeking a rational and constructive way forward on crypto.”The CEO emphasized that his main message is about gratitude, stating:“It’s gratitude to everyone who stood by us, to every Ripple employee, to the incredible legal team here at Ripple, led by the best chief legal officer in the business.

Garlinghouse announces the news at the Digital Asset SummitGarlinghouse’s announcement on the end of the SEC-Ripple case came amid the Digital Asset Summit in New York.“Just a few minutes ago, right before I walked up here, I posted on X that we can now announce that the SEC is no longer pursuing their appeal in the Ripple case,” the CEO stated.

To all the gratitude, certainly to the XRP family, to our customers, to our partners.”Garlinghouse expressed confidence that Ripple’s legal victory sends an “ominous sign for innovation around cryptocurrency in the United States” following years of “intimidation and terror” from Gary Gensler-headed SEC.

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Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 13:27:52 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27174818

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 261 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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