During Consensus 2021, Ripple CEO Brad Garlinghouse discusses the status and impact of the SEC lawsuit on the company and his unwavering plans to take Ripple public.
Attorney Jeremy Hogan says Ripple would be "feeling pretty good" with comments from the magistrate judge in the SEC's case against the firm and its executives.
As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years.
Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit.