Ripple almost disappeared before XRP became what it is today. Brad Garlinghouse revealed that after the SEC filed its lawsuit against Ripple in 2020, the company explored the possibility of shutting down. One option was to end operations and distribute Ripple’s XRP holdings to shareholders rather than continue the legal fight. Instead, Ripple decided to take on the SEC. Almost five years later, the lawsuit is over and Ripple remains one of the biggest companies in crypto. The industry could have looked completely different if that decision had gone the other way.
