Ripple CEO addresses issues of SEC lawsuit

CryptoWire
Tuesday, January 12, 2021 at 3:57pm UTC

Brad Garlinghouse, the CEO of Ripple, has taken to Twitter to address some issues concerning the lawsuit brought by the United States Securities and Exchange Commission (SEC).

He revealed that his company has had unsuccessful attempts to settle a lawsuit for securities violations with the SEC. He also discussed about the regulatory chaos surrounding the crypto space.

The Ripple CEO said he would like to address the 5 key questions. He gave a strong denial on the SEC's unproven allegations.