Ripple CEO Brad Garlinghouse Says He’s Open to Settling Landmark XRP Case With SEC

Ripple’s chief executive Brad Garlinghouse says the San Francisco-based payments firm is open to settling its lawsuit with the U.S. Securities and Exchange Commission (SEC) under one condition.

In a new interview with Fox Business, Garlinghouse says Ripple would be willing to settle with the SEC if the regulator clearly defines the regulatory status of XRP.

 

Garlinghouse also says that the crypto industry is already significantly regulated despite recent statements by SEC Chair Gary Gensler that the space is a “Wild West.”

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