Brad Garlinghouse Appears in Court in New York

Ripple CEO Brad Garlinghouse Appears in Court in New York – Alleged Settlement Talks with SEC

Mar 30, 2024 - 01:44
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Brad Garlinghouse Appears in Court in New York

Yesterday, Ripple CEO Brad Garlinghouse, along with Chief Legal Officer Stuart Alderotti, appeared in court in New York, indicating the initiation of discussions regarding a possible settlement of the dispute with the Securities and Exchange Commission (SEC).

According to information provided on the Court Listener platform, which tracks public information about cases in the United States, an event called "Settlement Conference" in the Ripple-SEC case is scheduled for today.

The arrival of Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderotti on-site raises speculation about possible settlement discussions between the SEC and Ripple.

Brad Garlinghouse, seen entering the courthouse in New York, may be a key figure in these discussions.

According to information provided by Eleanor Terrett, this meeting may be a continuation of a previously scheduled pre-trial conference that took place on April 16.

We will continue to monitor the situation and keep you informed of further developments in the case.

*this is not financial advice