The post Ripple News: XRP Surges as SEC Removes Lawsuit Information from Website, Legal Expert Clarifies appeared first on Coinpedia Fintech News
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has entered a crucial phase, with the SEC removing Ripple-related civil actions from its website. This move comes as the lawsuit advances to the Court of Appeals for the Second Circuit, marking a significant stage in the dispute over the classification of XRP.
Legal analyst Jeremy Hogan clarified the situation, explaining that while the Ripple case has been removed from the SEC’s litigation section, it has simply been moved to the “cases on appeal” section of the website. However, he pointed out that the case is still listed on the appellate court’s website, and no new filings have been made yet.
As of January 23, 2025, Ripple has formally requested an extension, setting a due date of April 16, 2025, to file its response brief. This follows the SEC’s January 15, 2025, filing, in which the agency sought to overturn key aspects of the prior district court ruling. Specifically, the SEC is challenging the decision regarding XRP sales to retail investors. The district court previously ruled that while XRP itself is not a security, Ripple’s direct sales to institutional investors were deemed securities transactions.
Another user who identified as a lawyer wrote,
The SEC website does not matter. The appeal is still open in the Court’s nationwide PACER system. I am an attorney. I just logged in. The last entry is Ripple’s request for a time extension to file its Brief. The case status is still shown as “Active.” That may change soon.
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Amid the SEC chaos, Ripple CEO brad garlinghouse

brad garlinghouse
Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, he is an extremely popular name across the global crypto landscape. He has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. He joined Ripple as COO in April 2015, answering to the CEO and prime supporter, Chris Larsen. He was elevated to CEO in December 2016. Initially, he worked at AOL and Yahoo! From 2003 to 2008, he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Courier divisions. While at Yahoo!, he wrote an inner update known as the “Peanut Butter Manifesto,” requiring the organization to zero in on its core business instead of extending itself excessively far, much like peanut butter.
Details:
Organization: RippleLocation: United StatesEducation: MBA from Harvard Business School and BA from The University of KansasSkills: Venture capital and Startups
Experience:
CEO at Ripplefrom from Jan 2017 – Present ·President and COO at Ripple logo from Apr 2015 – Dec 2016Board Member at Animoto from 2012 – Dec 2017Tonic Health, an R1 company logoBoard Member at Tonic Health from 2011-2016Board Member at Ancestry from 2013 – 2016CEO at Hightail from May 2012 – Sep 2014
FAQs
Who is Brad Garlinghouse?The CEO of Ripple, a financial technology business that specializes in blockchain technology and the cryptocurrency XRP, is Brad Garlinghouse. He has played a significant role in advancing cross-border payments using blockchain technology.What is Brad Garlinghouse’s role at Ripple?Garlinghouse is in charge of Ripple’s expansion and strategic direction in his capacity as CEO. Ripple has concentrated on using blockchain technology to enhance international payment networks under his direction.
EntrepreneurInvestorChief Executive OfficerBoard Member
recently shared his thoughts on the crypto market, calling for an end to maximalism and urging the industry to work together. Garlinghouse, who holds XRP, Bitcoin, and Ethereum, said that the crypto space needs to embrace multiple assets for long-term growth.
Meanwhile, in broader crypto news, former Treasury Secretary nominee Scott Bessent, known for his pro-Bitcoin stance, has been confirmed. This adds to the growing number of pro-crypto politicians entering the scene, signaling a more crypto-friendly environment in the U.S.
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