{"id":547391,"date":"2026-07-13T13:09:15","date_gmt":"2026-07-13T12:09:15","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=547391"},"modified":"2026-10-26T17:57:35","modified_gmt":"2026-10-26T17:57:35","slug":"ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/","title":{"rendered":"Ripple CEO says SEC suit nearly pushed company to shut down"},"content":{"rendered":"<p>Ripple CEO Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down after the SEC sued in 2020 and distributing Ripple's XRP holdings to shareholders.<\/p>\n<p>In a <a href=\"https:\/\/www.youtube.com\/watch?v=_8CN0OXHYmQ\">KU Hustle interview<\/a>, Garlinghouse said they chose to fight instead because closing Ripple would have cost hundreds of jobs. He estimated the four-year legal battle cost the company about $150 million. The scenario concerned Ripple as a company, rather than a shutdown of the XRP Ledger or a loss of XRP held by the public.<\/p>\n\n<figure class=\"cs-person-quote\">\n    <blockquote class=\"cs-person-quote__quote\">\n        <p>We almost decided to shut down the company when the SEC sued us. We we were like uh you know like the government has infinite power and resources.<\/p>\n    <\/blockquote>\n    <figcaption class=\"cs-person-quote__footer\">\n        <div class=\"cs-person-quote__identity\">\n                                                <a href=\"https:\/\/cryptoslate.com\/people\/brad-garlinghouse\/\" class=\"cs-person-quote__media-link\" aria-label=\"View profile for Brad Garlinghouse\">\n                                <div class=\"cs-person-quote__media\">\n                                            <img class=\"cs-person-quote__photo\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/05\/person-brad-garlinghouse-1.jpg\" alt=\"Brad Garlinghouse\" loading=\"lazy\" decoding=\"async\">\n                                                                                            <img class=\"cs-person-quote__company-logo\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/09\/ripple-logo.jpg\" alt=\"Ripple logo\" loading=\"lazy\" decoding=\"async\">\n                                                            <\/div>\n                                    <\/a>\n                                        <div class=\"cs-person-quote__meta\">\n                                    <a href=\"https:\/\/cryptoslate.com\/people\/brad-garlinghouse\/\" class=\"cs-person-quote__name\">Brad Garlinghouse<\/a>\n                                                    <span class=\"cs-person-quote__title\">\n                                                    <span class=\"cs-person-quote__role\">CEO<\/span>\n                                                                                                            <span class=\"cs-person-quote__separator\">&bull;<\/span>\n                                                        <span class=\"cs-person-quote__company\">Ripple<\/span>\n                                            <\/span>\n                            <\/div>\n        <\/div>\n                    <div class=\"cs-person-quote__actions\">\n                                    <a href=\"https:\/\/x.com\/intent\/tweet?text=%22We%20almost%20decided%20to%20shut%20down%20the%20company%20when%20the%20SEC%20sued%20us.%20We%20we%20were%20like%20uh%20you%20know%20like%20the%20government%20has%20infinite%20power%20and%20resources.%22%20-%20Brad%20Garlinghouse%20%40bgarlinghouse&#038;via=cryptoslate&#038;url=https%3A%2F%2Fcryptoslate.com%2Fripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down%2F\" class=\"cs-person-quote__button cs-person-quote__button--share\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"Share quote on X\" aria-label=\"Share this quote on X\"><i class=\"fa-brands fa-x-twitter\" aria-hidden=\"true\"><\/i> Share quote<\/a>\n                                                    <a href=\"https:\/\/cryptoslate.com\/people\/brad-garlinghouse\/\" class=\"cs-person-quote__button\">View profile <i class=\"fa-regular fa-arrow-up-right\" aria-hidden=\"true\"><\/i><\/a>\n                            <\/div>\n            <\/figcaption>\n<\/figure>\n\n<p>The <a href=\"https:\/\/www.sec.gov\/enforcement-litigation\/litigation-releases\/lr-26369\">SEC's August 2025 litigation release<\/a> dismissed their respective appeals, resolving the enforcement action. However, the district court's final judgment remained in effect, including a $125.04 million civil penalty and an injunction against Ripple.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/sec-files-to-settle-lawsuit-with-ripple-execs-over-civil-penalty-dispute\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">SEC files to settle lawsuit with Ripple, execs over civil penalty dispute<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>Garlinghouse said Ripple and Larsen had considered winding down the company and distributing its XRP holdings to shareholders on a pro rata basis. They chose to continue operating and fight the case, a decision Garlinghouse said preserved hundreds of jobs but ultimately cost about $150 million in legal fees.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/ripple-ceo-calls-secs-appeal-insanity-as-legal-fight-intensifies\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Ripple CEO calls SEC's appeal &#8216;insanity' as legal fight intensifies<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<h2>A corporate decision with XRP at the center<\/h2>\n<figure id=\"attachment_547400\" aria-describedby=\"caption-attachment-547400\" style=\"width: 720px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-547400\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map.png\" alt=\"Conceptual diagram separating a crypto company, its token reserve, a decentralized ledger network and public token holders.\" width=\"720\" height=\"720\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map.png 1254w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map-300x300.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map-1024x1024.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map-150x150.png 150w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_ripple-corporate-decision-map-768x768.png 768w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/a><figcaption id=\"caption-attachment-547400\" class=\"wp-caption-text\">Conceptual diagram separating the crypto company, its token reserve, a decentralized ledger network and public token holders.<\/figcaption><\/figure>\n<p>Ripple equity, XRP held by Ripple, the <a href=\"https:\/\/cryptoslate.com\/coins\/xrp\/\">XRP Ledger<\/a>, and XRP held by the public are different things. The plan Garlinghouse described concerned dissolving Ripple and distributing the company's XRP holdings to its shareholders. It did not imply that the ledger would shut down or that XRP held by the public would be transferred or lost.<\/p>\n<p>Ripple could have shut down and the XRP Ledger still would have kept running. Garlinghouse wasn't making a call on XRP's price or suggesting the network or existing holders would be affected by the company's fate.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/ripple-agrees-to-pay-50m-fine-and-drop-cross-appeal-to-settle-sec-lawsuit\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Ripple agrees to pay $50M fine and drop cross-appeal to settle SEC lawsuit<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>Ripple's XRP reserve gave the company a way out if it chose to shut down. Instead, leadership stayed the course, accepting years of litigation and mounting legal bills in exchange for keeping the business alive.<\/p>\n<p>The interview stops short of saying Ripple\u2019s XRP reserve paid for its defense. What it reveals is the leverage that reserve gave its leaders when the choice narrowed to fighting on or shutting down.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brad Garlinghouse&#8217;s account shows how a token reserve can shape a company&#8217;s room to survive a long regulatory fight.<\/p>\n","protected":false},"author":1264,"featured_media":547555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77968,29,11,77252],"tags":[77433,75195,74979,72399],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ripple CEO says SEC suit nearly pushed company to shut down<\/title>\n<meta name=\"description\" content=\"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple CEO says SEC suit nearly pushed company to shut down\" \/>\n<meta property=\"og:description\" content=\"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-13T12:09:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-26T17:57:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ripple-ceo-xrp-reserve-legal-pressure.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam &#039;Akiba&#039; Wright\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@akibablade\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam 'Akiba' Wright\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person\",\"name\":\"Liam 'Akiba' Wright\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"jobTitle\":\"Editor-in-Chief\",\"description\":\"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/x.com\/akibablade\",\"https:\/\/www.linkedin.com\/in\/liamandrewwright\",\"https:\/\/muckrack.com\/liam-wright\"]},\"headline\":\"Ripple CEO says SEC suit nearly pushed company to shut down\",\"datePublished\":\"2026-07-13T12:09:15+00:00\",\"dateModified\":\"2026-10-26T17:57:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\"},\"wordCount\":438,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"payments\",\"regulation\",\"Ripple\",\"xrp\"],\"articleSection\":[\"Featured\",\"People\",\"Regulation\",\"Web3\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\",\"url\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\",\"name\":\"Ripple CEO says SEC suit nearly pushed company to shut down\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-07-13T12:09:15+00:00\",\"dateModified\":\"2026-10-26T17:57:35+00:00\",\"description\":\"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ripple CEO says SEC suit nearly pushed company to shut down\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e\",\"name\":\"Liam 'Akiba' Wright\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"description\":\"Also known as \\\"Akiba,\\\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.\",\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/www.instagram.com\/akibablade\",\"https:\/\/twitter.com\/akibablade\"],\"award\":[\"Most improved footballer - 1992\"],\"knowsAbout\":[\"Python\",\"Javascript\",\"PHP\",\"HTML\",\"Agentic Software\",\"Machine Learning\",\"2000s emo music\",\"Manchester United\"],\"knowsLanguage\":[\"English\",\"Spanish\"],\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ripple CEO says SEC suit nearly pushed company to shut down","description":"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/","og_locale":"en_US","og_type":"article","og_title":"Ripple CEO says SEC suit nearly pushed company to shut down","og_description":"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.","og_url":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/","og_site_name":"CryptoSlate","article_published_time":"2026-07-13T12:09:15+00:00","article_modified_time":"2026-10-26T17:57:35+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ripple-ceo-xrp-reserve-legal-pressure.jpg","type":"image\/jpeg"}],"author":"Liam 'Akiba' Wright","twitter_card":"summary_large_image","twitter_creator":"@akibablade","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam 'Akiba' Wright","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person","name":"Liam 'Akiba' Wright","url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg","caption":"Liam 'Akiba' Wright"},"jobTitle":"Editor-in-Chief","description":"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.akiba.gg","https:\/\/x.com\/akibablade","https:\/\/www.linkedin.com\/in\/liamandrewwright","https:\/\/muckrack.com\/liam-wright"]},"headline":"Ripple CEO says SEC suit nearly pushed company to shut down","datePublished":"2026-07-13T12:09:15+00:00","dateModified":"2026-10-26T17:57:35+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/"},"wordCount":438,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["payments","regulation","Ripple","xrp"],"articleSection":["Featured","People","Regulation","Web3"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/","url":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/","name":"Ripple CEO says SEC suit nearly pushed company to shut down","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-07-13T12:09:15+00:00","dateModified":"2026-10-26T17:57:35+00:00","description":"Ripple CEO says SEC lawsuit nearly forced the company to shut down despite its XRP reserve tokens worth millions.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/ripple-ceo-says-sec-suit-nearly-pushed-company-to-shut-down\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Ripple CEO says SEC suit nearly pushed company to shut down"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e","name":"Liam 'Akiba' Wright","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg","caption":"Liam 'Akiba' Wright"},"description":"Also known as \"Akiba,\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.","sameAs":["https:\/\/www.akiba.gg","https:\/\/www.instagram.com\/akibablade","https:\/\/twitter.com\/akibablade"],"award":["Most improved footballer - 1992"],"knowsAbout":["Python","Javascript","PHP","HTML","Agentic Software","Machine Learning","2000s emo music","Manchester United"],"knowsLanguage":["English","Spanish"],"url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/547391"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1264"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=547391"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/547391\/revisions"}],"predecessor-version":[{"id":577269,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/547391\/revisions\/577269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/547555"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=547391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=547391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=547391"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=547391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}