Ripple (XRP) Hopes On Joe Biden

thecekodok

 Ripple CEO Brad Garlinghouse through a Twitter thread uploaded today explained that they had worked to resolve the issue that arose out of court.


Despite their efforts to find a point of failure, Ripple is seen wanting to try his luck with the era of the Joe Biden administration that will soon replace the Donald Trump administration.


At the end of 2020, Ripple was sued by the Securities and Exchange Commission (SEC) headed by Jay Clayton.


It seems that Ripple is relying on a new administration that is seen as more crypto-friendly with the assurance that it will continue to work to ensure protection for consumers, including the market is preserved.



Garlinghouse also claimed to have paid several exchange platforms to list XRPs on the grounds, "Ripple does not have the power to control where XRPs are listed."


Clearly, it is not a surprise when some exchanges do not 'throw' XRP, instead just postpone the altcoin trade following the suit.


At the same time, Garlinghouse also criticized Tetragon's actions in filing a lawsuit against Ripple, inviting more pressure on them.


Despite the misfortune that befell Ripple many times, the CEO assured that to this day the big investors are still with them.


Ripple and the SEC are expected to clash at the first conference this February. However, both parties need to come forward to file a brief description of the case and their argument on February 15 first.

Tags