Why Didn’t Ripple Register XRP With US SEC? Brad Garlinghouse Replies

Also Read: Coinbase May Not Relist XRP Due To This Reason

advertisement

Ripple Dodged Security Laws?

Brad Garlinghouse, Ripple CEO in a recent interview stated mentioned that they will spend $200 around million to just defend themselves against the U.S. SEC.

However, venture capitalist Jason Calacanis commenting on the interview claimed that XRP is a security. He stated that it would have cost a little for the Ripple team to go and register it as a security. Calacanis added that Ripple should have played by the rules like everyone else in the market do.

Meanwhile, Brad Garlinghouse slammed VC’s claim and asked when he learned about the securities law. He added that this is embarrassing that there is no framework to register digital assets in the U.S.

Trending Stories
google polygon
MATIC Price Analysis: Polygon Price Losing Monthly Support Hints an Upcoming fall of 15%; Keep Holding?
24/7 Cryptocurrency News
Cryptocurrencies
Market Correction offers Discount Opportunity in these Large Cap Cryptocurrencies; Buy Today?
24/7 Cryptocurrency News
cardano logo
Cardano Price Analysis: Sellers in Control may Pressurize ADA Price for 18% Fall; Sell or Hold?
24/7 Cryptocurrency News
XRP Price ripple lawsuit News
XRP Price Analysis: XRP Price at Crucial Support Plots a Quick 10% Rally; Buy Now?
24/7 Cryptocurrency News
ETH Price Prediction
Ethereum Price Analysis: Reversal From Monthly Support Prepares ETH Price for 8% Jump this Week
24/7 Cryptocurrency News

Also Read: Ripple Win Will Drag US SEC To Settle, Hints XRP Lawyer

The U.S. SEC in the XRP lawsuit has alleged that Chris Larsen and Garlinghouse breached the securities law by offering and selling XRP without registering it. However, the blockchain firm is claiming that XRP is a digital currency and not a security.

Comments

Post a Comment

Popular posts from this blog

Ripple XRP ETF Odds Now at 88% After SEC Lawsuit Conclusion

Following the conclusion of the SEC and Ripple Labs lawsuit , the latter’s native XRP cryptocurrency is surging in price. The coin is up over 7% in the past week and saw a 12% surge on Friday. In addition, with numerous pending applications from investment firms, the odds of approval for an XRP ETF are rising, according to Bloomberg experts. Indeed, the highly anticipated launches could very well come before 2025 is over. The odds of Spot XRP ETF approval recently fell by 65%. The drop was reportedly due to SEC Commissioner Caroline Crenshaw’s consistent opposition to crypto ETFs, which worried several investing experts. However, Bloomberg senior ETF analyst Eric Balchunas says the reaction was overblown, reaffirming his projections. Since then, sentiment has reversed sharply, with the approval likelihood now surging to around 88%. “Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed, showing Crenshaw voting no, but...
Read more

Canary Capital’s XRP ETF Launch Set for Nov. 13

Image
XRP ETF launch plans moved forward on October 30 as Canary Capital filed an updated S-1 registration with the SEC, removing the delaying amendment and setting a November 13 target date. The filing gives the SEC control over timing while allowing the XRP ETF launch to proceed under the auto-effective registration method, pending Nasdaq approval of the 8-A filing. SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing. This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P — Eleanor Terrett (@EleanorTerrett) October 30, 2025 XRP ETF Launch Clears SEC Filing as Nasdaq Approval Looms Source: CryptoSlate The XRP ETF launch from Canary Capital follows a revised filing strategy that removes procedural delays. By eliminating the delaying amendment, Canary Capital positioned the fund to go auto-effect...
Read more

S&P Slaps Junk Rating On Michael Saylor’s Strategy, Citing ‘Speculative’ Bitcoin

Image
S&P Global slapped a junk rating on Michael Saylor’s Strategy, citing its heavy reliance on volatile Bitcoin and limited dollar liquidity. The credit rating agency initiated coverage of the Bitcoin treasury firm with a B- rating, six notches below investment grade, saying it has “speculative credit quality with increased default risk.” It pointed to the firm’s concentrated Bitcoin holdings, narrow business focus, and weak risk-adjusted capitalization as key weaknesses. S&P also warned of an “inherent currency mismatch,” noting that all of Strategy’s debt is denominated in US dollars while nearly all its assets are held in Bitcoin. A sharp drop in BTC’s price, it said, could force the company to sell holdings at a loss to meet obligations, creating potential liquidity stress. Saylor Lauds ‘First-Ever’ Rating For A Crypto Treasury Firm Still, Saylor took to X to celebrate the development, calling it the “first-...
Read more