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Ripple CEO Brad Garlinghouse has indicated in a Bloomberg interview that the company expects to settle its long-running lawsuit with the U.S. Securities and Exchange Commission (SEC) very soon. Despite recent vague SEC notices that had initially raised investors' hopes for a settlement, no such meeting took place this week. However, Garlinghouse's comments have led to a rise in XRP's price and activity. It is speculated that a settlement announcement could follow a closed-door meeting with the SEC next week.
[BLOOMBERG INTERVIEW] #Ripple CEO Brad Garlinghouse Expects Imminent Settlement in Long-Running SEC Litigation $XRP
.@Ripple’s CEO Brad Garlinghouse expects the company to settle its years-long litigation with the SEC ‘very soon’. https://t.co/jFbidHqW4D https://t.co/sLC2kpl1fi
According to Bloomberg, Ripple CEO Brad Garlinghouse expects the company to soon resolve its years-long lawsuit with the U.S. SEC. It is speculated that XRP will announce a settlement after a closed-door meeting with the U.S. SEC next week. https://t.co/lnyfZSIvqL
