Ripple's Legal Advisers Believed Company Was 'Done' After SEC Lawsuit

In a recent statement from Ripple CTO David Schwartz, it was revealed that legal advisers initially believed the company had little chance of survival after the SEC filed its lawsuit in December 2020. Lawyers reportedly advised executives to cut a deal and protect themselves.

By Bibhu Pattnaik Mon, July 13, 2026 at 8:21 PM GMT+3 2 min read · Yahoo Finance · July 13, 2026, 17:21 UTC

Ripple's Legal Advisers Believed Company Was 'Done' After SEC Lawsuit

Topics: executive liability Ripple SEC lawsuit

Read the full article at Yahoo Finance

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