Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says

Ripple attempted to settle fees of performing non listed protections purchases with the UNITED STATE Securities as well as Exchange Commission (SEC) prior to the government regulatory authority sued it in December, CEO Brad Garlinghouse claimed Wednesday.

In a Twitter thread, Garlinghouse resolved what he called 5 “key questions” regarding the SEC’s suit versus Ripple, though he advised that he was restricted in what he can claim as the instance is continuous.

“Can’t get into specifics, but know we tried — and will continue to try ,” which he claimed was legal.

He did not respond to one of his very own published concerns regarding whether Ripple paid exchanges to listing XRP, just claiming “Ripple has no control over where XRP is listed.”

Several exchanges delisted or stopped trading of XRP after the suit was exposed.

Kraken, one of minority significant UNITED STATE systems that still details XRP, claimed it “is reviewing the matter.”

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