Future

when

<ul class="wp-block-list">
 <li>XRP’s price spiked by 14% recently, showing renewed shareholder confidence.&nbsp;&nbsp;</li>  
 <li>Ripple’s conflict with the regulatory board has cost the company over $150 million.&nbsp;&nbsp;</li>  
 <li>Garlinghouse believes clearer laws will help XRP’s future growth.</li> 
</ul>  
<p>Brad&nbsp; addressed XRP’s recent price surge and discussed the firm's court struggle with the U.S. Securities and Exchange Commission. In a video shared by Altcoin Daily, he&nbsp; reflected on the token's rise, noting it had once surpassed Ethereum in market value before the SEC filed a lawsuit against Ripple in 2020. Despite these proceeding constitutional battles, he continues to remain hopeful about XRP’s destiny and its prospects.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/XRP_Avengers/status/1860448174462193886
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</figure>  
<h2 class="wp-block-heading" id="h-legal-struggles-with-the-sec-nbsp-nbsp"><strong>Legal Struggles with the SEC&nbsp;&nbsp;</strong></h2>  
<p>Ripple’s constitutional fight with the SEC started in 2020 when the agency alleged the company of offering XRP as an unregistered security. This lawsuit greatly influenced the&nbsp; price, causing a major decline in its&nbsp; value. The organisation has spent over $150 million defending itself against&nbsp; claims, yet the CEO is confident about them&nbsp; resolving the case in their favor. He stated that the legal challenges have been disruptive but have not stopped Ripple from continuing its operations.</p>  
<p>Although the lawsuit created uncertainty for<a href="https://cryptonewsland.com/crypto-that-will-be-used-by-banks-the-rise-of-stablecoins-and-their-role-in-the-financial-sector/" target="_blank" rel="noopener noreferrer nofollow"> XRP holders</a>, Ripple remains determined to continue defending itself. Garlinghouse believes that once the case is resolved, it will open doors for Ripple to thrive again.</p>  
<h2 class="wp-block-heading" id="h-ripple-s-political-outreach-and-future-prospects-nbsp-nbsp"><strong>Ripple's Political Outreach and Future Prospects</strong>&nbsp;&nbsp;</h2>  
<p>The organisation has also engaged with legislative figures to influence the regulatory environment for XRP. <a href="https://cryptonewsland.com/ripple-and-cardano-garlinghouse-and-hoskinson-tease-possible-collaboration/" target="_blank" rel="noopener noreferrer nofollow">Garlinghouse</a> recently confirmed a meeting with President elect&nbsp; Donald Trump. While the details remain unclear, this meeting has sparked conversations about its&nbsp; approach to secure a favorable legislative situation in the U.S.</p>  
<p>The firm's chair has stated that Ripple’s outreach to political figures is part of a larger strategy to ensure the coin's success. The business is working hard to navigate the challenges it faces and position itself for growth in the future.</p> 
<p>The post <a href="https://cryptonewsland.com/ripple-ceo-talks-xrps-surge-and-legal-challenges-amid-sec-fight/" rel="noopener noreferrer nofollow">Ripple CEO Talks XRP’s Surge and Legal Challenges Amid SEC Fight</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple CEO Talks XRP’s Surge and Legal Challenges Amid SEC Fight

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