In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse said that the company's ongoing legal battle with the U.S. Securities and Exchange Commission has gone"quite well."The case, which is expected to set the agenda for the entire cryptocurrency industry going forward, is now getting close to summary judgment filings. Garlinghouse says that the case could resolve this year, but that is the "optimistic" view.
"It's not impossible," the executive said., motions for summary judgment have to be fully briefed before Nov. 15, according to the court's modified schedule. The judge will then have to review the case before announcing the verdict.Garlinghouse took a jab at SEC Chair Gary Gensler in the interview, claiming that a lot of his talking points"do not make sense." He also criticized the agency for trying to delay the case at every possible juncture.
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