Ripple CEO's Comments and XRP Price Prediction Spark Community Reaction Amid Ongoing Legal Battle with SEC

Ripple CEO Brad Garlinghouse has warned that the fight for regulatory clarity in the crypto industry must continue, as the legal battle between Ripple and the SEC nears its end. Garlinghouse criticized the SEC's actions, stating that they acted in "bad faith, plain and simple" and that they are "looking to kill" innovation in the US crypto industry. He believes that the recently unsealed Hinman Documents suggest that the SEC "knowingly created confusion about the rules, and they used that confusion through enforcement." Garlinghouse emphasized that the industry must work together as the SEC could take action against more crypto firms in the future.