Why $XRP is up more than 20% at press time

Ripple CEO's first statement after the ruling: "The obstacles have been removed"Ripple CEO Brad Garlinghouse said after the four-year lawsuit between Ripple and the SEC officially ended with a $125 million fine.Ripple CEO Brad Garlinghouse issued a statement after the final decision between Ripple and the SEC, ending the four-year lawsuit. "The SEC sought $2 billion in damages and the court awarded 94 percent less, finding that they had lost control," Garlinghouse said. "We respect the court's decision and now have the clarity we need to move forward with our company. This decision is a victory for Ripple, the industry, and the rule of law. The SEC's obstacles to the XRP community are now gone," he said.The enthusiasm for the decision is also reflected in the price of XRP. XRP. The cryptocurrency was trading at $0.50, up more than 25 percent in minutes to $0.64.$XRP #Write2Win #MarketDownturn #BinanceSquareFamily #Write2Earn!