Ripple CEO Slams SEC's Hypocrisy Amid U-turn in Binance Case

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Ripple CEO Slams SEC's Hypocrisy Amid U-turn in Binance Case
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Ripple CEO Brad Garlinghouse did not hold back his criticism of SEC's actions

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The case is closely watched because it has ramifications for the scope of the SEC's jurisdiction. Judge Analisa Torres decided last July that XRP sales to retail investors on exchanges did not constitute investment contracts, which many consider a loss for the agency's jurisdiction.While expectations remain on what comes next in the Ripple lawsuit, CEO Brad Garlinghouse maintains optimism, expecting a resolution soon.

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