Cryptocurrency12 Jul 2026SEO 801 min read

Analysis: Ripple once weighed shutting down and handing XRP to shareholders, CEO says

Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to…

Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit. Ripple Chief Executive Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down and distributing its XRP to shareholders after the SEC sued in 2020. Garlinghouse said they chose to fight the SEC rather than close, a decision he said preserved hundreds of jobs but cost Rip…

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