ripple CEO Brad Garlinghouse on SEC Lawsuit, Crypto Predictions, and XRP Victory
Ripple CEO Brad Garlinghouse answers important questions on topics like joining and scaling Ripple, fighting long-running litigation against the U.S. Securities and Exchange Commission (SEC), and crypto market predictions and the future of blockchain technology.
Garlinghouse also discussed the impact XRP has had on the universe, lessons learned over the years in Silicon Valley, and the secrets to finding success and lasting happiness.
Ripple CEO Brad Garlinghouse’s Views on the SEC Case
In an interview with World Class Podcast host Chris Vasquez, Ripple Labs CEO Brad Garlinghouse explained that the company is taking risks to fight securities regulator SEC for clarity and prevent the “tyrant” SEC from attacking the crypto market.
He said Judge Torres’ summary judgment on July 13 was an important learning and one of the best days. Garlinghouse added that the SEC is trying to settle the case to “create a narrative that Ripple is a bad actor.” Despite the appeals and other controversies, Brad Garlinghouse is confident the SEC will lose in the long run.
In response to crypto becoming a partisan issue In the US, Brad Garlinghouse suggests this will become an issue that will draw voters in the state away from the Democrats. He blames Sen. Elizabeth Warren for politicizing the issue and Democrats failing to realize she’s “driving them off the cliff.”
So read: Bloomberg Explains the Reasons Behind the Collapse in Bitcoin, ETH, SOL, XRP, SHIB Prices
Crypto Market Predictions
Ripple CEO confirms crypto market may come to a head $5 trillion market cap At the end of this year. He advises people to consider long-term investments, what he does not recommend going into crypto directly is trading.
It indirectly indicates that the price of XRP will rise as the impact of the SEC case disappears this year. XRP price is still undervalued due to the lawsuit, with the price range currently trading around $0.50.
He believes there will be black swan events in the crypto industry. “Of course, do I 100% think there will be another Black Swan? I just don’t know exactly what it is.
Predicted SEC would go after USDT issuer Bond, believes that’s the only thing that will be interesting to watch. He also doesn’t believe there is a risk. quantum computing to the crypto market in general.
Also Read: Here’s Why Bitcoin Price Dropped Sharply
XRP Lawsuit and Remedy Update
Lawyer James MurphyJudge Torres, also known as “MetaLawMan,” was the SEC’s judge of institutional investors’ actions in SEC v. The iFresh case causes disorder that is “not for publication.”
Additionally, the SEC attacked Ripple’s plan to issue stablecoins as a precaution by trying to sabotage XRP ODL sales. Ripple may use the court’s opinion and decision in the Binance case to counter the SEC’s claims that the new stablecoin is an unregistered crypto asset.
Also Read: binance Monitors US Justice Department’s Judicial Risk Alliance
✓ Share:
Varinder has 10 years of experience in the Fintech industry and has been dedicated to blockchain, crypto and Web3 development for over 5 years. A tech enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in more than 5,000 news stories, articles, and articles. Varinder believes in the great potential of future innovative technologies with parofix Media. He currently covers the latest updates and developments in the crypto industry.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
#Ripple #CEO #Brad #Garlinghouse #SEC #Lawsuit #Crypto #Predictions #XRP #Victory
