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Ripple's CEO announces potential lawsuit settlement with SEC, boosting XRP price by 2%.
The XRP price rose 2% to $2.01, partly due to an upcoming AI-driven Pepe ICO and the looming deadline in the Ripple vs. SEC lawsuit.
Ripple CEO Brad Garlinghouse announced a potential agreement to dismiss the lawsuit, pending SEC approval, which could allow Ripple to reclaim part of a $125 million escrow fund.
Garlinghouse remains optimistic about the future of cryptocurrency, highlighting Ripple's acquisition of Hidden Road and the shift towards a more supportive regulatory environment.
The SEC and Ripple have also paused their appeals, indicating a possible settlement that could set key precedents for U.S. crypto regulation.
El CEO de Ripple anuncia un posible acuerdo de demanda con SEC, aumentando el precio de XRP en un 2%.