Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'

Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’


Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized within “single-digit months” and remains confident in securing a favorable outcome.

Speaking to CNBC on Jan. 18 at the World Economic Forum in Davos, Switzerland, Garlinghouse said the verdict could come as soon as June this year now that both parties have “fully filled and fully briefed” their arguments before the U.S. District Court:

“We expect a decision from a judge certainly in 2023. You don’t really have control over when a judge makes their decisions. But I’m optimistic that sometime in the coming single digit months we’ll have closure there.”

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While Garlinghouse and investors believe the facts, law and the court will ultimately side with Ripple, the Ripple

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