Hugo Philion, the co-founder of Flare Network, has shed light on the significant impact of the prolonged legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) regarding the security status of XRP. Philion asserts that this lawsuit has hampered Ripple’s ability to focus on product development, resulting in a delay of The post Flare Founder Highlights How XRP Lawsuit Impedes Ripple Products Development appeared first on Times Tabloid .