Ripple, one of the largest blockchain companies in the world and sued by the US securities regulator, made a new statement. Although it was claimed that a settlement would be reached after the discovery process in the case, which has been going on since December 2020, the last minute statement changed the situation.
Ripple’s legal team, in a statement to the FoxBusiness channel, emphasized that they do not want to reach an agreement with the SEC in this case. The team was confident that Gary Gensler and his team would lose, emphasizing that there would never be a compromise.
BREAK: @Wavethe legal team counts @FoxBusiness have no plans to solve w @SEC_Enforcement on lawsuits on XRP, confident they can show @GaryGensler in the prosecution of the case is choosing winners and losers in the #Crypto business to the detriment of innovation. Story development
– Charles Gasparino (@CGasparino) September 17, 2021
The news is updated …