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Ripple CEO Reflects on Considering Business Closure Following SEC Lawsuit

2026/07/13 15:55 (Updated 2026/07/14 05:00)
CoinPost
Written by N.Koda
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Ripple CEO Reflects on Considering Business Closure Following SEC Lawsuit

Exploring the Right Choices

Exploring the Right Choices

During a lecture at the University of Kansas School of Business, Ripple CEO Brad Garlinghouse disclosed that the company considered shutting down after being sued by the U.S. Securities and Exchange Commission (SEC) in 2020.

In December 2020, the SEC alleged that Ripple had sold approximately $1.3 billion worth of XRP as unregistered securities. The lawsuit targeted not only the company but also Garlinghouse and co-founder Chris Larsen personally.

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Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.