XRP Boosts After Garlinghouse's Statements Regarding The SEC Case

XRP prices climbed to the top of the last 5 weeks, following Ripple CEO Brad Garlinghouse's statements on the SEC case.

XRP boosts after Ripple CEO Brad Garlinghouse's statements regarding the SEC case. XRP prices hit the highest level in 5 weeks after Garlinghouse announced its confidence that it would win the SEC case. XRP climbed to a 39-day high after Garlinghouse said his company would leave the SEC case victoriously. The cryptocurrency XRP rose to $ 0.6418 at 10:39 am TSI and hit its highest level since Feb.22. It then experienced a slight retreat.

Ripple Is Sure To Win The Case

Ripple suffered serious losses in late December after being sued by the US Securities and Exchange Commission (SEC). XRP holders, who were recently approved to seek involvement in the lawsuit, claim the complaint caused "over $ 15 billion in damage". Ripple CEO Brad Garlinghouse, in an interview with CNN's Julia Chatterlet, expressed confidence that the blockchain company will be victorious from the lawsuit. Along with this news, the rumor that "Coinbase will re-list XRP" mentioned by some users on Twitter may have been effective in this rise. The lawsuit between Ripple and SEC has been going on for 4 months.