Ripple CEO Brad Garlinghouse has expressed optimism that the cross-border company will prevail in its ongoing legal battle with the US Securities and Exchange Commission (SEC).
According to Digital Asset Investor, a pro-XRP Twitter handle, Garlinghouse shared this optimism during the recent XRP Las Vegas 2023.
Read More: Rumor Claims Ripple and SEC Met Secretly Twice and New XRP Lawsuit End Date Has Been Set: Details
Captioning a YouTube video link, Digital Asset Investor wrote, “Ripple CEO Shocks XRP Las Vegas: “We’re Gonna Win This Thing”
Ripple CEO Shocks XRP Las Vegas: "We're Gonna Win This Thing" #xrp #xrpthestandard @ripple https://t.co/9Xb76cngob
— Digital Asset Investor (@digitalassetbuy) May 8, 2023
The SEC filed a lawsuit against Ripple in December 2020, alleging that the company had violated US securities laws by selling XRP tokens without registering them.
Before the announcement by Ripple CEO, it was reported that the XRP community met with the CEO at the XRP Las Vegas 2023. The occasion is said to be tipped as the Bitcoin Miami conference for ripple investors.
In a recent interview with Bloomberg, Garlinghouse said justice delayed is justice denied. He revealed that the SEC lawsuit won’t stop Ripple from growing.
Read Also: Ripple CEO Brad Garlinghouse Sends Message to XRP Holders. Here’s What He Wrote
He also noted that the SEC’s case is “weak” and that the agency has failed to prove that Ripple’s sale of XRP was an illegal securities offering.
The CEO revealed the amount to be spent against SEC during the ongoing legal tussle, CNBC reported.
“With the SEC, we will spend — this is the first time I’ve shared this publicly — by the time all’s said and done, we will have spent $200 million defending ourselves against a lawsuit”
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