Ripple's Asia expansion unaffected by SEC lawsuit, says CEO
Ripple CEO Brad Garlinghouse says the company's activities in the Asia-Pacific region have not been affected by current regulatory troubles in the United States. Despite being in the middle of a $1.3 billion lawsuit with the United States Securities and Exchange Commission, it appears that it is still business as usual for Ripple.Speaking to Reuters on Friday, Garlinghouse revealed that the company has not suffered any negative blowback in the APAC business theatre amid the current SEC lawsuit:“It (the lawsuit) has hindered activity in the United States, but it has not really impacted....
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Ripple's expansion plans haven't been halted by an ongoing XRP securities lawsuit, as it appoints a new managing director for the Southeast Asia region. Ripple has appointed a former Uber executive to lead its expansion into the Southeast Asia region, the firm announced on March 18. Brooks Entwistle joins Ripple after serving as Uber’s chief business officer, leading the firm’s growth and navigating regulatory issues throughout the Asia Pacific. The new managing director of Ripple’s Southeast Asia wing had previously spent two decades at Goldman Sachs, operating as partner and chairman in....
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S. Securities and Exchange Commission (SEC). In December, the SEC charged Ripple, creators of the eponymous XRP cryptocurrency, and its top executives with selling unregistered securities since 2013. The blockchain payments firm denies the charges, but that has not stopped a number of U.S. crypto....
Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over XRP earlier this month in an interview with Axios at the Collision 2022 event. The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020,....
A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.” Petition to End SEC Lawsuit Against Ripple An XRP advocate, Thomas Hodge, has started a petition on Change.org calling on SEC Chairman-Designate Gary Gensler to “end the war on XRP.” Gensler....
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year Ripple CEO Brad Garlinghouse discussed the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) in an interview with CNBC Monday. Garlinghouse said he expects the lawsuit to reach a conclusion next year,....