XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support. However, XRP investors have yet another damper to digest today. Ripple CEO Brad Garlinghouse said during the Dubai Fintech Summit that he expects a ruling in the legal battle with the U.S. Securities and Exchange Commission (SEC) by the end of the third quarter of 2023. In a previous statement in January at the World Economic Forum, Garlinghouse still expressed his optimism that a ruling will come in the first half of 2023 (by the end of the second quarter). Ripple CEO Lowers His Expectations For A Verdict During the interview at the Dubai Fintech Summit, the Ripple CEO emphasized the protracted nature of the legal battle with the SEC, stressing that the case has been ongoing for two and a half years. While this is a long time, Garlinghouse pointed to a silver lining: So it has certainly been frustrating and ..
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