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Ripple SEC Lawsuit Shutdown Was Actively Mapped Out, Garlinghouse Reveals
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Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.1 Articles
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Ripple SEC Lawsuit Shutdown Was Actively Mapped Out, Garlinghouse Reveals
The Ripple SEC lawsuit shutdown scenario was a genuine boardroom calculation in late 2020, Brad Garlinghouse confirmed in remarks at the University of Kansas School of Business. He and co-founder Chris Larsen had mapped out the mechanics: distribute XRP holdings to shareholders on a pro rata basis and dissolve the company entirely. Garlinghouse described fighting the Securities and Exchange Commission as a choice made against an adversary with ‘…
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