solodeji Posted March 4, 2022 Share Posted March 4, 2022 Rumors are spreading that the lawsuit between Ripple, the US-based cross-border payments firm, and the United States Securities and Exchange Commission (SEC), has ended in a settlement. The recent Ripple CEO Brad Garlinghouse’s statement, which was quoted in a tweet by Attorney Jeremy Hogan, is suggesting something similar. It can be recalled that the lawsuit was filed by the SEC in December 2020 against Ripple and two of its top executives, Brad Garlinghouse and Chris Larsen, for the sales of XRP as an unregistered security. Per the source, Ripple and the SEC have reached a consensus on the basis of the settlement. The source also said all staff involved in the case have been reassigned. Another source added that an official announcement is expected to follow in the coming weeks. XRP the Standard Productions tweeted, “Anyone else heard the rumour? Settled. All staff on the SEC vs Ripple case have been reassigned. A week until the news in public. SEC now hiring to prosecute illegal currencies. The beer in your hand is now champagne. Your VW is now a lambo. The GF that dumped you is calling XRP.” Another Indication of a Possible Settlement Ripple CEO, Brad Garlinghouse, in a recent Fox Business interview, said the SEC Chair, Gary Gensler stated during an interview that the regulatory agency will lose some of its cases. Although it’s not yet clear whether he’s referring to the SEC’s case with Ripple. As recently quoted by Attorney Jeremy Hogan in a tweet, Brad Garlinghouse said, "I was meeting with Chairman Clayton, I met with SEC Commissioners, no one ever once said 'XRP is a security'." https://timestabloid.com/rumors-spreading-that-ripple-sec-lawsuit-has-ended-in-settlement-ripple-ceos-comments-give-hints/ RussianStandards 1 Link to comment Share on other sites More sharing options...
princesultan Posted March 4, 2022 Share Posted March 4, 2022 It’s amazing that you can create an entire article off of this one completely unsubstantiated tweet from this random twitter profile: Link to comment Share on other sites More sharing options...
CryptoPitbull Posted March 4, 2022 Share Posted March 4, 2022 Unfortunately, the XRP the standard productions twitter account is a parody account. Nothing it says is to be taken seriously. All they do is post nonsense like this. thinlyspread, swift_post and Ahchai 2 1 Link to comment Share on other sites More sharing options...
xrp_sea Posted March 4, 2022 Share Posted March 4, 2022 BS Link to comment Share on other sites More sharing options...
Dinks159 Posted March 4, 2022 Share Posted March 4, 2022 I think we all want this to be done and clarity issued. Believe it when we see it. Nothing wrong with being hopeful, just do not set yourself up for a heartbreak. Link to comment Share on other sites More sharing options...
Barefooter Posted March 4, 2022 Share Posted March 4, 2022 8 hours ago, CryptoPitbull said: Unfortunately, the XRP the standard productions twitter account is a parody account. Nothing it says is to be taken seriously. All they do is post nonsense like this. Yes total parody account... they actually post some pretty funny stuff, but nothing that can ever be believed! WarChest and GrumpyDon 2 Link to comment Share on other sites More sharing options...
Duke67 Posted March 5, 2022 Share Posted March 5, 2022 Calm down, folks. It's called s-a-t-i-r-e. WarChest 1 Link to comment Share on other sites More sharing options...
VanGogh Posted March 5, 2022 Share Posted March 5, 2022 I think settlement of some sort is close, irregardless of one source. The walls are closing in on tge SEC and now the Ethereum foundation, and the rats need to run. dtpace 1 Link to comment Share on other sites More sharing options...
JASCoder Posted March 5, 2022 Share Posted March 5, 2022 The right time for a re-tweet of a classic... VanGogh and dtpace 2 Link to comment Share on other sites More sharing options...
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