Ripple’s CEO announces a significant achievement in the midst of their four-year legal battle with the Securities Exchange Commission (SEC).
Brad Garlinghouse, Ripple’s CEO, was a guest on Chris Vasuez’s World-Class show. He talked about Ripple’s noteworthy victory in a legal battle with the US Securities and Exchange Commission (SEC). The most recent podcast episode featured this achievement.
He covered a wide range of subjects in the podcast and disclosed Ripple’s secret hiring method for A+ talent.
Ripple’s CEO: Brad Garlinghouse’s Journey, Lawsuits, and Triumphs
Brad Garlinghouse, Ripple’s CEO, was the CEO of several big Web2 companies and a senior executive at Yahoo before joining Ripple. He recently took part in the WorldCall podcast episode. Chris Larsen sent an offer to Brad Garlinghouse to become CEO of Ripple in 2015. Garlinghouse had turned down an Uber job offer earlier. He didn’t think working for Uber would have a big influence on his life or affect anything.
Host Chris Vasquez and Brad Garlinghouse discussed a significant highlight. This clip represented Ripple’s greatest achievement during the ongoing SEC lawsuit. For the past four years, the lawsuit has been pending.
Garlinghouse said that Ripple’s bad luck started when they got sued. They prevailed in court with a notable victory last year. According to a ruling by federal judge Analisa Torres, secondary market purchases of XRP do not qualify as security sales. CEO of Ripple stated that they:
“won all the things we cared about, and not just for Ripple but for the industry; that was a big high.”
The US government is pursuing Tether, Garlinghouse mentions
Garlinghouse conveyed his enthusiasm for bringing in elite talent to Ripple. A+ talent is driven by genuine impact rather than money, he said.
He plans to appoint unsuccessful business owners to important roles at Ripple.
Garlinghouse stated that Tether is the target of the US government. He has a deep belief in this viewpoint. According to him, Tether’s USDT stablecoin is essential to the ecosystem.
