Brad Garlinghouse on SEC lawsuit timing
From Ripple CEO BRAD GARLINGHOUSE Interview with FOX Business News Liz Claman and Charles Gasparino - XRP · · XRP INSIGHT
“I think the timing stinks. I think it's not a good look. You know, I think we have to go back to what is the mission of the SEC. The mission is to protect investors and help ensure orderly markets. You know, in this case, you have actually more than 10,000 people who are holding XRP have filed a class action against the SEC. These are the exact people the SEC is supposed to be protecting, and they're saying, 'Hey, you did the opposite.' So you didn't provide clarity, you actually allowed XRP to be listed and traded very freely across the United States, more and more people got involved, it's traded for eight years, and then you brought a suit driving the price down 60 or 70 percent.”
On , Brad Garlinghouse, CEO at Ripple, spoke about SEC lawsuit timing during Ripple CEO BRAD GARLINGHOUSE Interview with FOX Business News Liz Claman and Charles Gasparino - XRP on XRP INSIGHT.
About Brad Garlinghouse
Brad Garlinghouse, CEO of Ripple, has been active at industry events including Consensus 2026 and XRP Las Vegas, where he discussed the company's acquisition strategy, stablecoin market projections, and regulatory developments. He stated that he believes the stablecoin market cap will reach $3 trillion by 2031. Garlinghouse described Ripple's approach to acquisitions as "contrarian," saying the company focuses on bringing non-digital-asset-native companies onto the blockchain rather than acquiring other crypto firms. He also commented on the Clarity Act, saying he thought the chances of passage were around 80% and that if it does not get out of committee by the end of the third week of May, "we're in real trouble." Garlinghouse addressed several other topics during his appearances. He described layoffs attributed to artificial intelligence as a "travesty," arguing that AI should be viewed as an "unlock" for growth rather than a tool to reduce headcount. He called for an XRP boycott of the Sphere in Las Vegas, saying the venue declined to display XRP while agreeing to show Bitcoin and Ethereum. On XRP's legal status, he noted that a federal judge ruled XRP "in and of itself is not a security." He also said Ripple has not prioritized going public and that the company is pursuing a Federal Reserve master account, which he described as a potential "big unlock."