Ripple CEO Brad Garlinghouse last week commented on the court ruling in a late 2020 SEC proceeding.
Recall that the judge did not recognize the placement of the XRP cryptocurrency on the retail market as a sale of unregistered securities.
Garlinghouse tweeted that the SEC is hindering the development of decentralized technologies in the US. In his opinion, the repressive course chosen by the regulator leads to the fact that many companies and startups are forced to relocate to other countries.