Ripple’s 3-Year Growth Strategy Unveiled By CEO Garlinghouse
In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. Ripple CEO Unveils 3-Year Growth Plan When inquired about […]
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Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the firm's CEO.On Dec. 2, Ripple CEO Brad Garlinghouse sat for an interview with CNN anchor Julia Chatterley to discuss Ripple’s regulatory hurdles in operating in the U.S.According to Garlinghouse, as much as 95% of the San Francisco-based company’s customers are located abroad. He....
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his official profile, Garlinghouse claimed that the blockchain company “tried” to settle with the U.S. SEC. He added that the firm will try again with the new administration but refused to go into specifics. In response to crypto....
The SEC alleges that Ripple executives misled investors and manipulated the XRP coin price by creating an “information vacuum.” The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions.In an amended complaint filed Feb. 18, the plaintiff — the U.S Securities and Exchange Commission —reiterated its stance that Ripple Labs, Christian Larsen and Brad Garlinghouse violated securities laws with the sale of XRP....
"The judge realizes this is not just about Ripple, this will have broader implications,” Ripple CEO Garlinghouse said. The long-standing feud between distributed ledger technology firm Ripple and the United States Securities and Exchange Commission (SEC) is nearing its end, according to Ripple’s CEO.Brad Garlinghouse highlighted the progress made in the case “despite a slow-moving judicial process.” Speaking to CNBC, he predicted that the Ripple case would likely conclude in 2022. “Clearly, we’re seeing good questions asked by the judge,” Garlinghouse said, adding his belief that “The....
Ripple and its CEO Brad Garlinghouse had alleged that YouTube profited monetarily from fraudulent XRP giveaways. Ripple has ended its lawsuit against YouTube for the social media platform’s alleged complicity in a spate of fake XRP giveaway scams, CEO Brad Garlinghouse announced on March 9.Ripple and Garlinghouse filed a lawsuit against YouTube LLC in April 2020, claiming that the platform itself had profited from the fraudulent activity, and that it had failed to exercise its administrative powers to stop it. Garlinghouse announced on Twitter on March 9:“Last year, @Ripple and I sued....