Ripple boss tips when SEC case will end as Hoskinson hits back at XRP army
Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. According to Ripple CEO Brad Garlinghouse, the long-drawn-out battle between Ripple and the U.S. Securities and Exchange Commission is nearing its conclusion — but it could still take many months.The native token XRP has been on a tear over the past month thanks to increased speculation about a successful resolution to the case before the end of the year.On Oct. 11, Garlinghouse told panelists at the DC Fintech Week conference that he expects the case against his firm to....
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Lawyers representing XRP investors may still have an opportunity to refile in the future, however. XRP tokenholders' attempt to insert themselves as third-party defendants in the U.S. Securities and Exchange Commission case against Ripple may have come to an end.According to court filings, federal judge Analisa Torres has denied a motion filed over the weekend on behalf of more than 6,000 XRP holders. The motion to intervene argues the interests of token holders — in this case, the XRP Army — were not being adequately represented in the lawsuit against Ripple and its executives. Torres....
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