Best News Network

Ripple CEO Shows Excitement Over Support From XRP Community By CoinEdition


Ripple CEO Shows Excitement Over Support From XRP Community
  • Brad Garlinghouse was excited at the support he received from XRP community members.
  • The CEO said the XRP army has been incredible and supportive.
  • Garlinghouse addressed community members at the ongoing XRP Las Vegas 2023 conference.

Ripple CEO Brad Garlinghouse showed excitement at the support he received from community members at the ongoing XRP Las Vegas 2023 conference. In a tweet, Garlinghouse acknowledged the group’s camaraderie, noting how the community stood by and supported Team Ripple as they fought “the good fight”.

Garlinghouse addressed excited supporters during the conference, appreciating their support over the years since the legal battle between Ripple and the Securities and Exchange Commission (SEC) began.

He said,

I want to thank you for all you have done to support this effort. Truly, it does take an army, and this army has been incredible and supportive.

Ripple has been involved in a protracted legal battle with the SEC after the latter accused it of conducting an unregistered securities offering by selling XRP tokens. The SEC’s complaint alleged that Ripple and its executives, specifically Brad Garlinghouse (CEO) and Chris Larsen (co-founder and executive chair), had raised over $1.3 billion by selling XRP to investors since 2013.

In December 2020, the SEC and Ripple filed their reply briefs, supporting their respective motions for summary judgment. After the filing, Ripple General Counsel Stuart Alderoty celebrated its defense, noting that his company has always “played it straight with the court.”

Since the December filing, the Ripple community and the entire crypto industry have waited for the court’s decision. Ripple says it anticipates a summary judgment in 2023, hoping the court will rule in its favor. However, the judgment’s timing is ultimately up to the court.

The XRP Las Vegas 2023 conference was a two-day event exclusive to XRP community members. The event was scheduled for May 6 and 7, 2023, and organizers have dubbed it the “XRPArmy Conference of a Lifetime.”

The post Ripple CEO Shows Excitement Over Support From XRP Community appeared first on Coin Edition.

See original on CoinEdition

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.