Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.

Ripple CEO Brad Garlinghouse revealed the company nearly shut down after the SEC sued in 2020, detailing the five-year legal fight and its $125 million

Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.