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Ripple CEO Disputes Ruling, Reasserts XRP’s Non-Security Status

Published 06/22/2024, 02:15 PM
Updated 06/22/2024, 02:45 PM
© Reuters.  Ripple CEO Disputes Ruling, Reasserts XRP’s Non-Security Status
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  • Ripple CEO Brad Garlinghouse shares an X post, shedding light on Judge Phyllis Hamilton’s recent ruling.
  • Garlinghouse asserts that the judge’s ruling hasn’t changed the fact that XRP is not a security.
  • In his recent post, the CEO reiterates his optimistic approach to the status of Ripple’s XRP.

Ripple CEO Brad Garlinghouse countered the most recent court ruling which questioned XRP’s status as a non-security, reaffirming his stance and clarifying the implications for the ongoing lawsuit.

In a recent development in the Ripple lawsuit, Judge Hamilton allowed the charge of “misleading statements” against Garlinghouse to proceed. However, Garlinghouse hailed the ruling as a “big win,” as the judge dismissed four class action claims against him.

The judge, during the judgment, had expressed reservations about Judg…

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