Ripple, the distinguished crypto funds options agency, has launched its Q2 2023 XRP Markets Report, as per an official announcement on August 2. Nevertheless, the report’s launch was accompanied by criticism from Ripple CEO Brad Garlinghouse, who accused the US Securities and Trade Fee (SEC) of utilizing the report towards the corporate within the ongoing lawsuit.
Ripple Expresses Disappointment on the SEC
Regardless of the corporate’s voluntary efforts to publish these quarterly studies, Ripple expressed disappointment that the SEC used the report’s info towards them within the lawsuit. Garlinghouse, reiterated the corporate’s dedication to transparency however hinted that future studies may bear adjustments given the circumstances.
The continued lawsuit between Ripple and the SEC has drawn consideration from the cryptocurrency neighborhood and regulatory circles alike. Because the authorized proceedings unfold, stakeholders eagerly await additional developments and the potential implications they might have on Ripple’s operations and the broader crypto panorama.