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How XRP Lawsuit Summary Judgment Could Change Ripple's Relation With Banks

source-logo  coingape.com 27 May 2023 18:36, UTC

Crypto Market News: The U.S. Securities and Exchange Commission’s (SEC) complaint against Ripple already caused irreversible damage to the XRP community and the crypto market. However, the SEC’s recent enforcement actions against crypto businesses makes one wonder if the companies under question may be in for a long drawn legal fight. Brad Garlinghouse, the Ripple CEO, recently stressed that Ripple could be at an advantage since the XRP lawsuit is in its final stages. The United States market is key to most crypto businesses, despite ongoing efforts to migrate to other jurisdictions.

coingape.com