Ripple CEO calls the XRP lawsuit “outrageous”

Ripple CEO calls the XRP lawsuit “outrageous”

Bradley Sostack had filed a lawsuit accusing Ripple of selling him XRP as an unregistered security in 2018. Ripple claims that these allegations have no merit and said that Sostack’s claim violates the statute of limitations. The next phase of Ripple’s XRP lawsuit is only days away and Brad Garlinghouse, Ripple CEO, says that the whole affair is “outrageous.”