XRP jumped 10% on Wednesday during the morning hours of the United States when the CEO of Ripple, Brad Garlinghouse, said the United States Stock Exchange and Securities Commission (SEC) will launch its appeal against Ripple, the company closely adjacent to Tokens XRP
“This is all, at the time we have been waiting. The SD will launch its appeal,” Garlinghosue published in X. “A resounding victory for Ripple, for Crypto, in every way.”
The reports last week alleged that the long legal battle between Ripple and the United States agency is coming to an end. The demand of the SEC against the cryptographic company, which Garlinghouse described as the “first important shots in the war against cryptography,” had resulted in $ 15 billion in losses for XRP holders.
