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Ripple sees "good progress" in the SEC case over XRP, the result is expected next year on November 23, 2021.

According to CEO Brad Garlinghouse, Ripple is making "good progress" in a court feud with the U.S. Securities and Exchange Commission.
Garlinghouse expects that the case will most likely be completed next year.
The SEC alleges that Ripple and its executives sold $1.3 billion worth of XRP cryptocurrency as part of an unregistered securities offering.

Ripple, a fintech business, is making significant progress in litigation with the Securities and Exchange Commission, CEO Brad Garlinghouse told CNBC on Monday.

Garlinghouse expects that the problem associated with XRP, the seventh largest cryptocurrency in the world, will be solved next year.

"Despite the slow legal process," he told CNBC's Dan Murphy, "we're making pretty decent progress."

"It is clear that the judge is asking good questions. And I think the court understands that it's not just about Ripple; it has far-reaching consequences."

Garlinghouse expressed optimism about the completion of the project next year.