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https://t.co/RkkYXI2eEj
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.
🚨BREAKING re @Ripple/@SECGov:
ORDER: granting in part and denying in part 621 Motion for Summary Judgment. For the foregoing reasons, the SEC's motion for summary judgment is GRANTED as to the Institutional Sales, and otherwise DENIED. Defendants" motion for summary judgment is GRANTED as to the Programmatic Sales, the Other Distributions, and Larsen's and Garlinghouse's sales, and DENIED as to the Institutional Sales.The Court shall issue a separate order setting a trial date and related pre-trial deadlines in due course.
#Ripple CEO Brad Garlinghouse said the company has a very strong balance sheet, predicting a rise in mergers and acquisitions in the crypto industry
https://t.co/dhu7tZAxqi