Ripple Labs is celebrating a major victory against the Securities and Exchange Commission (SEC) in New York City on September 29, 2023. CEO Brad Garlinghouse expressed his excitement for the upcoming event and reflected on the difficult legal journey the company has gone through. Judge Analisa Torres ruled in favor of Ripple, stating that the firm’s programmatic and other distributions of XRP were not securities and that XRP is a digital asset, not a security. The legal battle is not over yet, as a trial to address the SEC’s case against Ripple’s executives, Garlinghouse and Chris Larsen, is set to begin in Q2 2024. Ripple Labs is expected to provide more details about the celebration in the coming week.

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Information	Details
Geography	North America
Countries
Sentiment	positive
Relevance Score	8
People	Brad Garlinghouse, Chris Larsen, Analisa Torres
Companies	Ripple Labs, PrimeXBT, Binance, XRP, Securities and Exchange Commission (SEC)
Currencies	ethereum, usd, xrp, bitcoin
Securities