July 12, 2026·Neutral·regulatory legal

Ripple CEO Reveals Company Nearly Shut Down After SEC Suit

Ripple CEO Brad Garlinghouse disclosed that the company seriously considered shutting down after the SEC filed its lawsuit in 2020. He noted that instead of fighting the case, Ripple could have distributed its XRP holdings to shareholders.

Detected & updated continuously · Source: Ruma

Mentioned

XRP (xrp)

@GenslerArchive

@Ripple

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@btcliveco

JUST IN: 🏛 Ripple CEO Brad Garlinghouse says the company seriously considered shutting down after the SEC filed suit in 2020, and could have distributed its XRP holdings to shareholders instead of fighting the case. https://t.co/xPcpl4QupI