Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen are refusing to postpone their upcoming virtual meeting with the U.S. Securities and Exchange Commission (SEC) to discuss the legal battle surrounding XRP.
In a recent court filing, the SEC requested that the meeting be delayed due to a scheduling conflict with another case. However, Garlinghouse and Larsen are standing their ground and insisting that the meeting take place as planned.
The legal dispute between Ripple and the SEC began last year when the regulatory body filed a lawsuit against the company, alleging that XRP was being sold as an unregistered security. Garlinghouse and Larsen have denied these allegations and are eager to have their day in court to prove their innocence.
Despite the ongoing legal battle, Ripple has continued to push forward with its expansion plans and has recently announced partnerships with several major financial institutions. The company remains confident that it will emerge victorious in the lawsuit and that XRP will continue to thrive as a digital asset.
Garlinghouse and Larsen are determined to defend themselves against the SEC’s allegations and are committed to fighting for the future of XRP. The upcoming meeting will be a crucial step in the legal process, and both parties are preparing to present their case to the SEC.
Stay tuned for further updates on the Ripple-SEC legal battle and the future of XRP.
