ripple ceo brad garlinghouse with me now. where do things stand?bviously, you intend to fight vigorously. >> thanks for having me. indeed, we do intend to fight vigorously. from our point of view, what is happening is not just against ripple but really against the crypto industry at large. as we have talked about, the u.s. has been a laggard in providing regulatory clarity so that investors know how to and rest. ironically, a lot of people around the world have had regulatory clarity. you just heard the u.s. kind of lag behind that. the u.k., japan, all have clear, regulatory framework. emily: is there a chance of a settlement, and what happens if you lose? >> i'm hopeful that as a new administration comes in to the sec, there's an option to revisit those conversations. as you may know and may recall, jay clayton at the chair of the sec, the day before he left office, he brought this lawsuit against ripple and against me personally. we don't think that made a lot of sense, given that srp had been trading in the marketplace for nearly eight years. t