Ripple CEO on SEC appeal: 'We'll fight in court as long as we need'
Ripple CEO Brad Garlinghouse has vowed to fight the SEC's new appeal in a case that a lawyer says could drag on into early 2026
Ripple Labs CEO Brad Garlinghouse has vowed to fight the U.S. Securities and Exchange Commission in court after the regulator announced it would appeal a district court's decision in its case against the cryptocurrency firm.
Somehow, they haven't gotten the message yet: They lost on everything that matters, Garlinghouse wrote in a post on X on Oct. 2, criticizing the SEC's notice of appeal. As long as we fight in court as long as we need to, let's make one thing clear: XRP's status as a non-security is the law of the land today
That doesn't change even in the face of this misguided, and infuriating, appeal, he added.
In July last year, New York District Judge Analisa Torres ruled that the Ripple-linked XRP token
XRP
was not a security when sold on public cryptocurrency exchanges, ending the SEC's 2020 lawsuit alleging the company sold unregistered securities via XRP.