Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals
Key Takeaways Ripple came close to shutting down after the SEC filed a lawsuit over XRP. The company considered distributing its XRP holdings to shareholders. A court ruling found that XRP sales on public exchanges were not securities transactions. Ripple Considered Closing After SEC Lawsuit Put Company at Risk Ripple CEO Brad Garlinghouse revealed that…
