Ripple nearly shut down after SEC lawsuit, CEO reveals
Ripple CEO Brad Garlinghouse said the company seriously considered closing after the U.S. Securities and Exchange Commission sued it in December 2020. He said he and co-founder Chris Larsen d
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Ripple CEO Brad Garlinghouse said the company seriously considered closing after the U.S. Securities and Exchange Commission sued it in December 2020. He said he and co-founder Chris Larsen d

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You can also read this news on BH NEWS: Ripple’s Unyielding Journey: From Brink of Extinction to Financial Titan Ripple’s rise from a fledgling blockchain firm to a force in the digital finan

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You can also read this news on BH NEWS: Ripple’s Resilience: Battling Legal Turmoil to Safeguard Operations In the face of a critical lawsuit from the U.S. Securities and Exchange Commission
Ripple CEO Brad Garlinghouse has revealed that the company considered shutting down after facing a lawsuit from the US Securities and Exchange Commission (SEC) in 2020 over its XRP token. Gar
Ripple’s journey from a small blockchain startup to a major player in digital payments narrowly avoided an early end, according to recent remarks from co-founder Chris Larsen. During a recent

Brad Garlinghouse said Ripple considered shutting down after the SEC lawsuit but continued operating to protect employees. David Schwartz said early legal advice favored settling, believing R

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TL;DR Ripple co-founder Chris Larsen revealed that lawyers once advised company executives to abandon Ripple, calling the business “unsavable.” Despite early legal and regulatory hurdles, Rip