Krutika Adani
Ripple CEO Brad Galinghouse has slammed SEC for ignoring the court ruling where Ripple was made to pay a $125 million fine against SEC’s $2 billion demand.
Ripple CEO added that the agency now thinks it can operate above the law and ignore the court’s decision that XRP was not a security.
However, the SEC has been adamant on the $2 billion fine and considers that the court had interfered with its jurisdiction.
Ripple seems to get no benefit till Gary Gensler exits his office in April 2026.
Ripple CEO had earlier supported Kamala Harris for her presidential bid in the upcoming elections.