Ripple SEC lawsuit cost $150M — Garlinghouse says shutdown was on the table
Covered by 3 sources · 3 articles
3 outlets - including Coinotag, Cryptobriefing and Cryptonomist - are covering this story. XRP News Ripple CEO Brad Garlinghouse has revealed that the company seriously weighed shutting down in 2020 after the U.S. Securities and Exchange Commission sued it over sales of XRP . Speaking at...
All coverage
Ripple’s Garlinghouse Reveals XRP Firm Weighed Shutdown Over $150M SEC Fight
XRP News Ripple CEO Brad Garlinghouse has revealed that the company seriously weighed shutting down in 2020 after the U.S. Securities and Exchange Commission sued it over sales of XRP . Speaking at...
Ripple considered shutdown in 2020 amid SEC lawsuit, spent $150M on defense
Ripple's legal battle with the SEC highlights the significant impact regulatory challenges can have on market sentiment and cryptocurrency valuations. The post Ripple considered shutdown in 2020 amid SEC lawsuit, spent $150M on defense appe…
Ripple SEC lawsuit cost $150M — Garlinghouse says shutdown was on the table
When the SEC sued Ripple in 2020, alleging that the company had sold XRP as an unregistered security, the pressure it created went far beyond legal risk. It nearly ended the company entirely. Speaking at the University of Kansas School of B…