Ripple CEO Brad Garlinghouse's first statement after the decision:

"The obstacles have been removed"

Ripple CEO Brad Garlinghouse said after the four-year lawsuit between Ripple and the SEC officially ended with a $125 million fine.

Ripple CEO Brad Garlinghouse issued a statement after a final decision between Ripple and the SEC concluded the four-year lawsuit.

Garlinghouse said: “The SEC claimed $2 billion and the court fined 94 percent less, assessing that they had lost control. We respect the court’s decision and now have the clarity needed to continue growing our company. This decision is a victory for Ripple, the industry, and the rule of law.”

“The SEC’s barriers to the XRP community are gone,” he said.

Enthusiasm over the decision was also seen in the price of XRP. The cryptocurrency was trading at $0.50, rising more than 25 percent in minutes to $0.64. $XRP #Xrp🔥🔥