Ripple CEO Brad Garlinghouse reportedly had a meeting with U.S. President-Elect Donald Trump, according to American conservative business news outlet FOX Business. While Garlinghouse did not confirm the meeting directly, his engagement with a social media post hinting at the meeting suggested it took place. The rumors of the meeting had a significant impact on the price of Ripple's cryptocurrency, XRP, which surged above $0.9. This surge follows speculations that the ongoing lawsuit between the Securities and Exchange Commission (SEC) and Ripple may be nearing its end. XRP has been negatively affected by the lawsuit, missing out on major rallies. However, the possibility of a resolution and SEC Chair Gary Gensler hinting at a possible exit from the commission contributed to the price increase of XRP. At the time of writing, XRP is trading at $0.9680, with a 24-hour increase of 20.13% and a weekly surge of 75.73%.
- Content Editor ( thecryptobasic.com )
- 2024-11-16
FOX Business Confirms Ripple CEO Meeting with Donald Trump