
Ripple CEO Brad Garlinghouse has reiterated that XRP is not classified as a security, regardless of the ongoing legal battle with the SEC. The SEC is seeking an interlocutory appeal after Ripple achieved partial success in a summary decision. Garlinghouse dismissed the SEC’s claims and emphasized the significance of a recent ruling that requires the SEC to substantiate its claims during the trial. He expressed confidence in challenging the SEC’s perspective and reaffirmed Ripple’s commitment to proving XRP’s regulatory status.
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