Ripple CEO: Legal victory proves XRP is not a security

Odaily News Ripple officially released the full text of its CEO Brad Garlinghouse's speech. He said: "More than four years ago, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple. Now it can finally be announced that the case is over and everything is over. The SEC is not seeking justice, they just want to win the lawsuit at all costs. Ripple has won a legal victory and proved that XRP is not a security. This is a battle that Ripple never thought of, but we knew we had to win. And today, we did win."