Posted 3/29/2024, 7:58:29 PM
Ripple Execs Spotted at Courthouse, Prompting Speculation of Settlement Talks in SEC Case
- Ripple CEO Brad Garlinghouse and lawyer Stuart Alderoty spotted at New York federal courthouse, sparking settlement talks speculation
- Settlement conference was scheduled for Friday according to CourtListener database
- Ripple spokesperson told reporter there was "nothing to share," could just be mandatory meeting before April 16 pretrial conference
- Judge ruled parties must meet for at least 1 hour for settlement talks, but odds of settlement very small
- SEC demanding over $2 billion from Ripple, company executives criticize SEC for trying to intimidate crypto industry