RE: LeoThread 2024-10-07 11:25

[taskmaster4450le]

1. Regulatory Scrutiny (2017-2020): In 2017, Ripple faced increased regulatory scrutiny, particularly from the US Securities and ⇪ Commission× (SEC). The SEC sent a letter to Ripple, asking the company to clarify its position on XRP. In 2019, Ripple's CEO, Brad Garlinghouse, testified before the US Congress, stating that XRP was not a security.