Ripple CEO Brad Garlinghouse Celebrates Victory Over SEC at New York Party
Last night, Ripple CEO Brad Garlinghouse delivered an enthusiastic speech at a celebratory event in New York City. The event was attended by Ripple employees and members of the XRP Army. Garlinghouse expressed his gratitude to individuals who have provided crucial support to Ripple, himself, and the XRP community.
Setting the Date for the Victory Party
In August, Garlinghouse announced that the “proper victory party” would take place on September 29 in New York City. The celebration was in response to Ripple’s partial victory over the U.S. Securities and Exchange Commission (SEC) on July 13. District Judge Analisa Torres ruled that XRP is not inherently an investment contract.
Garlinghouse’s New XRP Tattoo
Prior to the party, Garlinghouse revealed his new tattoo featuring the XRP logo on his upper right arm. He clarified that the event was solely a celebration and not an announcement of any kind.
A Massive Turnout
The party attracted a large crowd of people from various countries who eagerly waited to enter the venue.
Recognition for Key Contributors
During his speech, Garlinghouse acknowledged individuals who played pivotal roles in Ripple’s battle against the SEC. He praised Ripple’s General Counsel Stuart Alderoty, Vice President of Litigation and Employment Deborah McCrimmon, attorney John Deaton, and Ripple CTO David Schwartz for their invaluable contributions. He emphasized that it took a collective effort to overcome the challenges posed by the SEC.
Hot Take: Ripple’s Celebration Marks a Significant Legal Win
Ripple CEO Brad Garlinghouse’s victory party in New York City marks a significant milestone for Ripple and the XRP community. The celebration follows a partial victory over the SEC, with the court ruling that XRP is not an investment contract. Garlinghouse’s speech highlighted the crucial role played by key individuals in this legal battle. The event showcased the resilience and unity of the Ripple community in overcoming challenges. This victory solidifies Ripple’s position in the cryptocurrency industry and sets a positive precedent for future regulatory battles.
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