SEC Drops Charges Against Ripple (XRP) Founders Brad Garlinghouse and Chris Larsen
In a groundbreaking turn of events, the U.S. Securities and Exchange Commission (SEC) has officially dropped its legal charges against the founders of Ripple, Brad Garlinghouse and Chris Larsen. This shocking development was made public on October 20, 2023, and sent ripples throughout the cryptocurrency community and financial markets. The news was initially shared on Twitter by Brett Hill.
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https://twitter.com/Brett_Crypto_X/status/1715109189708636219
The decision marks a significant turning point in the legal battle between Ripple Labs, the creators of the XRP cryptocurrency, and the SEC. The SEC had alleged that XRP was an unregistered security, which led to legal action against Ripple and its k...