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Ripple Considered Shutdown, Distributing XRP to Shareholders During SEC Legal Battle, CEO Reveals
Brad Garlinghouse revealed that Ripple Labs seriously considered shutting down and distributing its XRP holdings to shareholders after the SEC sued the company in 2020. Ripple has since expanded its institutional payments, stablecoin and custody businesses following greater regulatory clarity around XRP.
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cryptobriefing.com
Ripple CEO Brad Garlinghouse reveals company nearly shut down during SEC 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
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Ripple considered shutting down, distributing XRP to shareholders in 2020
Ripple's CEO revealed the company considered shutting down in 2020. XRP reaching $3 by July 2026 at 0.2% YES.
