On Aug. 8, Ripple CEO Brad Garlinghouse said they went too far and reduced their demands by nearly 94% “after a U.S. federal judge ruled that Ripple's sales of XRP to retail customers did not violate federal securities laws.” We are clear on the court's decision and continuing to grow our company. This is a victory for XRP, the industry, and the rule of law. The SEC's resistance to the entire XRP community has disappeared.

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