CandleFocus XRP News: Ripple CEO Reacts to SEC’s Decision to Dismiss Coinbase Case
2025-02-22
Author: Content Editor
Coinbase CEO Brian Armstrong announced in a post that the company has reached an agreement with the SEC to drop the regulator's legal action against the exchange. The settlement does not require Coinbase to pay any fines or make any changes to its operations. Ripple CEO Brad Garlinghouse responded positively to the news, seeing it as a move away from oppressive regulatory policies. Attorneys Jeremy Hogan and John Reed Stark have predicted that the SEC's lawsuit against Ripple may be withdrawn soon. The SEC has not yet made a public statement regarding the Coinbase settlement.
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