Brad Garlinghouse has entered into a dispute over the status of XRP
Sponsored
Sponsored
The CEO of Ripple had a fight with a well-known venture capitalist and entrepreneur about whether XRP could be considered a security. Brad Garlinghouse said the company has already spent about $200 million in legal fees during years of litigation with the US Securities and Exchange Commission (SEC). American entrepreneur Jason Calacanis responded by saying that it would make more sense for Ripple to register XRP as a security, in accordance with SEC requirements, and continue to comply with the agency’s rules, as “everyone else” does. Garlinghouse questioned Calacanis’ knowledge of securities laws. The Ripple executive found it embarrassing and
In a recent address, Ripple CEO Brad Garlinghouse expressed his gratitude towards the XRP Army for their unwavering support during the company’s legal battles. This acknowledgment comes on the heels of Garlinghouse’s inclusion in CoinDesk’s list of the most influential people in the digital assets and Web3 space for 2023.…
The prospects of Ripple Labs filing for an initial public offering have been discussed at large throughout the past couple of years. Brad Garlinghouse, the company’s chief executive officer, spoke today at a fireside chat at Korea Blockchain Week, which is currently held in Seoul. Ripple IPO in the US?…
Newly unsealed legal memos indicate Ripple sought legal opinions about XRP’s potential to be classified as a security as early as 2012. The U.S. Securities and Exchange Commission (SEC) sued the San... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…