The US Securities and Exchange Commission’s dismissal of its years-long lawsuit against Ripple Labs, the developer of the XRP Ledger blockchain network, is a “victory for the industry,” Ripple CEO Brad Garlinghouse said at Blockworks’ 2025 Digital Asset Summit in New York.
Earlier on March 19, Garlinghouse revealed that the SEC data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/sec-drop-appeal-ripple-ceo-garlinghouse” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/news/sec-drop-appeal-ripple-ceo-garlinghouse”>would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020.
“It feels like a victory for the…
