Ripple CEO Reveals Company Considered Shutting Down Amid XRP Lawsuit

In a recent speech at the University of Kansas School of Business, Ripple CEO Brad Garlinghouse revealed that the company nearly shut down in response to the SEC's lawsuit over XRP. The decision was influenced by concerns about government resources and potential job losses.

By Luis Blanco Sun, July 12, 2026 at 2:00 PM GMT+3 3 min read · Yahoo Finance · July 12, 2026, 11:00 UTC

Ripple CEO Reveals Company Considered Shutting Down Amid XRP Lawsuit

Tickers: $XRP

Topics: Ripple shutdown consideration SEC lawsuit XRP classification

Read the full article at Yahoo Finance

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