Ripple Labs Lawsuit Update: Judge Netburn Rules In Favour of Ripple in 3 out of 4 motions

The ongoing Ripple Labs v SEC case seems like it might be swinging in favour of Ripple Labs following the news that a number of recent motions by the SEC were denied by the court. Ripple CEO Brad Garlinghouse previously announced the company’s intention to launch an initial public offering, stating that the company would consider going public once the SEC lawsuit was resolved: “In the next 12 months, you’ll see IPOs in the crypto/blockchain space.