The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it clear that only if SEC agrees that XRP is not security quite similar to Ether, they would go for the settlement. He explained,
“To the extent, we can find a constructive path forward with the SEC, we, of course, want to find that. There is no scenario though when we going to settle unless there is absolute certainty about what is XRP on a go-forward basis. We have a clear vision of how XRP can be an extremely powerful tool…There’s a lot of other people in the crypto community and the XRP community doing amazing things with XRP. “
The XRP lawsuit is currently at a critical stage where Ripple’s legal counsel is betting on former SEC director William Hinman’s speech
Źródło: https://coingape.com/ripple-ceo-reveals-the-only-condition-under-which-they-would-settle-with-sec/
