Ripple CEO ‘Optimistic' About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are'

Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolved in the first half of this year.

Timeline of Xrp

While Ripple's conflict with the SEC persists, it appears that it has also encountered other issues. Let's see what's new with Ripple.  Ripple CEO reveals exposure to FTX!  In a recent fireside discussion on CNBC's Tech Transformers at Davos, Ripple CEO Brad Garlinghouse revealed that the blockchain payments company had exposure to FTX.

Even though Ripple is still embroiled in its ongoing legal struggle, the CEO of the business, Brad Garlinghouse, recently brought up certain emails from the SEC while addressing them at the World Economic Forum.

OpenAI's text-based artificial intelligence (AI) tool ChatGPT has become popular due to its capability to respond to questions in a human-like fashion on a wide range of topics, including the legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC).

Brooks Entwistle, Senior Vice President of Global Customer Success, and Managing Director for Asia-Pacific (APAC) and Middle East and North Africa (MENA) at Ripple, has stated that the blockchain company is building its core business offerings outside the United States at a rapid rate.

CryptoLaw founder John Deaton shares that agreement to seal sensitive documents could spark Ripple and SEC settlement.  Deaton has previously opined that he expects the case to end with a court verdict.

XRP News: Ripple Defendants and US SEC both parties filed their opposition to the third party's motion to redact specific details in the Ripple lawsuit. The crypto community now awaits the crucial Summary Judgment which is expected to shape regulations over the digital asset market.

Davos 2023: While talking at the World Economic Forum being held at Davos, Switzerland, the people from the crypto community were seen shrugging off their hands from FTX and its former boss Sam Bankman-Fried. Brad Garlinghouse, the CEO, of Ripple, told CNBC at Davos 2023 that people consider the FTX to be a crypto problem, The post FTX Not A Crypto Problem, Says Ripple CEO At Davos 2023 appeared first on CoinGape.

Ripple CEO Brad Garlinghouse stated that the company's XRP litigation could be resolved in “single-digit months.” Ripple CEO Brad Garlinghouse believes the company's long-running disagreement with the Securities and Exchange Commission (SEC) will be resolved in “single-digit months” and is certain of a good resolution.

Key Points: In a recent fireside discussion on CNBC's Tech Transformers at Davos, Ripple CEO Brad Garlinghouse revealed that the blockchain payments startup had exposure to FTX. Garlinghouse said that the now-defunct cryptocurrency exchange received a $10 million XRP lease from Ripple, which “they used on various things related to FTX.

The ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission may end later this year. The insights provided by Ripple's CEO Brad Garlinghouse have revealed that the lawsuit, which started over two years ago, may get a verdict within “single-digit months.