Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.”

Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year

Ripple CEO Brad Garlinghouse discussed the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) in an interview with CNBC Monday.

Garlinghouse said he expects the lawsuit to reach a conclusion next year, elaborating:

We’re seeing pretty good progress despite a slow-moving judicial process.

“Clearly we’re seeing good questions asked by the judge. And I think the judge realizes this is not just about Ripple. This will have broader implications,” the Ripple executive added.

The SEC sued Ripple, Garlinghouse, and co-founder Christian Larsen in December last year, alleging that they sold $1.3 billion worth of the XRP tokens in an unregistered securities offering….

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Source: https://news.bitcoin.com/ripple-expects-sec-lawsuit-over-xrp-to-conclude-next-year-ceo-says-were-seeing-pretty-good-progress/