XRP Zooms 10% as Garlinghouse Says SEC is Dropping Case Against Ripple
Earlier reports said that the long-standing legal battle between Ripple and the agency is nearing its end.
XRP jumped 10% on Wednesday during U.S. morning hours as Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission (SEC) is set to drop its appeal against Ripple, the company closely adjacent to XRP tokens
"This is it – the moment we’ve been waiting for. The SEC will drop its appeal," Garlinghosue posted on X. "A resounding victory for Ripple, for crypto, every way you look at it."
Re reports said that the long-standing legal battle between Ripple and the agency is nearing its end.
