Ripple CEO predicts $200M cost in SEC battle.
Ripple CEO Brad Garlinghouse reportedly said that the company's legal battle with the SEC over the unregistered sale of XRP tokens will cost the firm around $200 million. Garlinghouse also advised against setting up crypto businesses in the US, citing politics over policy. Ripple has historically kept its distance from XRP, which powers some of its products. A judgement on the SEC case is expected in the next three to six weeks.