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Ripple CEO Brad Garlinghouse: XRP plans to move from the USA

 Ripple CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse said that if the company loses the lawsuit with the SEC, it may move from the United States. Garlinghouse plans to open an office in Toronto. At the end of last year, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, accusing the company of illegally conducting an ICO for $ 1.3 billion. The regulator claims that XRP is a security, and the parties still cannot come to an agreement. At the Collision conference in Toronto, Brad Garlinghouse said that if the court rules in favor of the SEC, it will not affect the crypto industry in any way, and the company will simply move to another jurisdiction.

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