- The U.S. SEC dropped all charges against the Ripple CEO and the co-founder.
- Ripple’s CEO expressed jubilation on Twitter, thanking his legal team.
- He emphasized Ripple’s legal victories with the scorecard “Ripple: 3 SEC: 0.”
Ripple CEO Brad Garlinghouse took to X (formerly Twitter) to express his jubilation after the U.S. Securities and Exchange Commission (SEC) dropped all charges against him and Chris Larsen, the company’s co-founder.
In a Twitter thread, Garlinghouse thanked his legal team and called the SEC’s decision a “surrender.” He said it felt good to be vindicated after being “ruthlessly” targeted for personal ruin.
Today was an even better day.Ripple: 3
SEC: 0
In all seriousness, Chris and I (in a case involving no claims of fraud or misrepresentations) were targeted by the SEC in a ruthless attempt to personally ruin us and the company so many have worked hard to build for over a… https://t.co/YsQxewFnj9
— Brad Garlinghouse (@bgarlinghouse) October 19, 2023
The tweet thread opened with a resounding scorecard: “Ripple: 3 SEC: 0,” a clear nod to the legal victories secured by Ripple and its executives. Garlinghouse went on to emphasize that…
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