Ripple CEO Brad Garlinghouse reveals company nearly shut down during SEC lawsuit
Chronological coverage
First seen12 Jul, 03:35Ripple CEO Brad Garlinghouse reveals company nearly shut down during SEC lawsuit
Ripple's legal battle reshaped crypto regulations, influencing token sales, exchange listings, and regulatory approaches globally.
CryptoBriefing•Editorial Team
Follow-up12 Jul, 07:53Ripple nearly shut down after SEC lawsuit, CEO reveals
Ripple CEO Brad Garlinghouse says Ripple nearly closed after the SEC lawsuit, but chose a $150 million legal fight to protect its workforce.
Crypto.news•Olivia Stephanie
- Follow-up12 Jul, 11:00
Ripple Considered Shutting Down After the XRP Lawsuit, CEO Reveals
Ripple came close to shutting down rather than fighting the SEC, CEO Brad Garlinghouse revealed. He described the decision he and co-founder Chris Larsen faced after the agency sued the company in 2020. Why Ripple Nearly Shut Down After the SEC Lawsuit The SEC sued Ripple in 2020, claiming it had sold XRP as an
BeInCrypto•Luis Blanco
Follow-up13 Jul, 01:31Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals
Ripple nearly shut down after the U.S. Securities and Exchange Commission (SEC) sued the company, with CEO Brad Garlinghouse considering whether to end operations, distribute XRP holdings to shareholders, and close the business. Ripple Considered Closing After SEC Lawsuit Put Company at Risk Ripple CEO Brad Garlinghouse revealed that the company considered shutting down after […]
Bitcoin.com News•Kevin Helms
Latest13 Jul, 12:09Ripple CEO says SEC suit nearly pushed company to shut down
Brad Garlinghouse's account shows how a token reserve can shape a company's room to survive a long regulatory fight.
CryptoSlate•Liam 'Akiba' Wright