Ripple CEO Brad Garlinghouse Reveals Company Nearly Shut Down During SEC Lawsuit
In an interview, Ripple's CEO Brad Garlinghouse disclosed that the company was nearly weeks away from shutting down during its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The lawsuit has been a major existential threat to Ripple and XRP, potentially leading to distribution of remaining tokens before ceasing operations.
Topics: corporate survival Ripple SEC lawsuit XRP