Ripple CEO reminisces on date that will be remembered in XRP and cryptocurrency history
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The Ripple CEO reminisces about this day etched forever in XRP and cryptocurrency history:"July 13, 2023 – that day was a very good day - for Ripple and the entire industry. And for me personally, a core memory,"Ripple CTO Explodes XRP Army With Comment on Elon Musk's X Big Feature July 13, 2023 – that day was a very good day - for Ripple and the entire industry. And for me personally, a core memory!
We had the conviction to fight the bully that has harassed and executed an unlawful war on our industry. As I said when it started, I knew we were on the…Garlinghouse reiterated a statement he had often stated since the beginning of the lawsuit, that Ripple was on the right side of the law and history:"As I said when it started, I knew we were on the right side of the law and that we would be on the right side of history.
The main takeaways from the Court’s ruling follows: XRP is not in and of itself a security. Ripple’s sales of XRP on exchanges, by executives and a wide range of other Ripple’s XRP distributions to developers, charities, to employees were deemed non-securities.
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