Ripple considered shutting down after SEC sued in Dec 2020, with CEO Brad Garlinghouse revealing the firm nearly dissolved to avoid legal battle. The case, which accused Ripple of $1.3B unregistered XRP sales, ended in 2025 with $125M penalty and permanent injunction on institutional sales.
🔥 SOL/USDT — Potential Bounce Setup
SOL is testing a strong support area after a pullback.
Bullish scenario: • Oversold conditions appearing
• Buyers watching the 75–76 zone • Recovery above 77–79 can restore momentum • Major resistance remains near previous highs
Healthy corrections create opportunities — strong assets often recover first.
#Polymarket Jesus return odds surge
#ETF excludes Musk-linked firms
#Ripple near shutdown after SEC lawsuit
🔴 $INJ LONG LIQUIDATION UPDATE 📉
🔥 Long Liquidated on Bybit
💰 Liquidation Amount: $14,719.12
📍 Liquidation Price: $4.83
📉 $INJ faced selling pressure as long positions were liquidated, forcing leveraged traders to close their positions during the market move.
⚠️ Risk Note: Volatility can trigger sudden liquidations. Use proper risk management, avoid excessive leverage, and always trade with a clear stop-loss plan. 📊
Ripple faced SEC lawsuit, nearly shut down in 2023 CEO Brad Garlinghouse considered distributing its 1.5B XRP holdings to shareholders before deciding to keep operations alive. #XRP #SEC #Crypto
Ripple CTO Emeritus David Schwartz just clapped back hard at a recurring FUD targeting their company's ripple:native escrow model.🚨 In 2017, Ripple locked 55 billion XRP into escrow on the XRPL via protocol-level smart contracts. The Plan?🤔 Release up to 1 billion coins per month for predictable supply management. Today, over 32 billion XRP remain locked, with a circulating supply of around 67.5 billion. What Critics Say👀 Critics claim this setup lets Ripple "dump" tokens on a zero-cost basis to fund operations, hurting regular holders. Schwartz's Defense🛡️ Schwartz pushed back strongly, noting that Ripple operates like any other market participant. He said it doesn't dilute the coin's supply, as the coins were already created and are part of the total supply. He drew a parallel to Bitcoin holders and MicroStrategy, arguing no special conflict exists. He also highlighted XRP's built-in deflationary design. Every transaction burns a tiny amount of XRP, and the total supply can never increase. No surprise inflation, just transparency and predictability. The exchange reveals deeper debates on corporate treasury strategy versus pure decentralization, but Schwartz makes a compelling case that the model has been market-priced from day one.
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.
Ripple Nearly Collapsed During SEC Legal Battle Brad Garlinghouse revealed that Ripple nearly shut down after the SEC filed a lawsuit in 2020. Fighting back was no easy task when faced with the regulator's virtually unlimited power, funding, and time. Ripple argued that XRP was designed for payments—much like Bitcoin. Purchasing XRP does not equate to owning a stake in the company; it grants no shares, voting rights, or any form of ownership over Ripple's business operations. To make matters worse, Garlinghouse had met with SEC staff four times between 2017 and 2019, yet—as he noted—no one had warned him that XRP might be classified as a security. The agency subsequently filed lawsuits against both Ripple and Garlinghouse personally. The SEC later dropped the charges against him but continued its legal offensive against Ripple. Garlinghouse condemned the move as unethical. Ripple ultimately survived, but the ordeal highlights just how close the cryptocurrency giant came to collapse. #BitcoinPriceAnalysis #XRP
"The moment they were sued by the SEC, Ripple was on the brink of death." This was the first time CEO Garlinghouse revealed his true thoughts: → The idea of completely shutting down the company and distributing XRP to shareholders was seriously on the table. But they never gave up. They protected hundreds of employees, fought through more than four years of legal battles, and have now made a global comeback. This is what real “HODL spirit” looks like… Only companies that survive the storm of regulation can seize the next era. Still don’t believe in Ripple?
Ripple CEO Brad Garlinghouse revealed the SEC lawsuit cost the company $150 million and that shutting down the company was a serious consideration. The legal battle's pressure was immense, impacting the company's operations and future plans.
