Ripple Vs SEC: Deaton Claims SEC Used Dirty Tactics, Harassed Ripple’s Customers and Garlinghouse’s Family

Ripple CEO brad garlinghouse brad garlinghouse Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, in 2012 by Chris Larsen and Jed McCaleb, and has a headcount of 1,120. It is a financial technology business that specializes in blockchain technology and the cryptocurrency XRP, founded by Brad Garlinghouse. He also played a unique and significant role in creating an advanced cross-border payment using blockchain technology. He is an extremely popular person across the globe in the crypto landscape. Brad has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. Joined Ripple as COO.  He was promoted to be the CEO in December 2016. Initially, he worked at AOL and Yahoo! where he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo Courier divisions. While at Yahoo, he also wrote an inner updated version known as the Peanut Butter Manifesto, requiring the organization to zero in on its core business instead of expanding itself. He is one of the Top Speakers in the Crypto and Blockchain field, where he shares the knowledge and evolvement of the technology in the current space    Quick Facts Full Name Bradley Kent Garlinghouse Birth 06-02-1971, in Topeka, Kansas Nationality American Education Bachelor's degree in Economics, MBA from Harvard Business School. Net Worth $10B (Refer here)   Ripple's native token, XRP is among the top digital assets. As per CoinGape, Brad's company has $100 billion worth of XRP tokens in its reserve. This will help further innovation in Web3 and blockchain projects. As per reports surfing on Binance’s blog, Brad Garlinghouse may step down as CEO of Ripple to join the Crypto Advisory Council, which is led by President Trump. This significant event will boost the adoption of decentralized finance and blockchain growth.   Brad Garlinghouse: Trivia 2007: Served as Senior VP at Yahoo!, heading communications and consumer products. 2012: Became CEO of Hightail, leading digital file-sharing innovations. 2015: Joined Ripple as COO to push blockchain adoption in cross-border payments. 2017: Became CEO of Ripple, driving XRP adoption and blockchain partnerships. 2020: Led Ripple’s defense against the SEC lawsuit over XRP’s security status. 2021: Expanded Ripple’s ODL (On-Demand Liquidity) network for global crypto payments. 2023: Got a partial success against the SEC, declaring XRP as not a security. 2024: Continue leading Ripple in CBDC collaborations and global blockchain finance. 2025: May join Trump's Crypto Advisory Council to set regulations.   Notable Works & Achievements by Brad Garlinghouse Year Achievements Details 2003 Wrote the 'Peanut Butter Manifesto' at Yahoo! Highlighted Yahoo!'s lack of focus in operations. 2015 Joined Ripple as Chief Operating Officer Took measures to integrate blockchain technology into banking systems. 2017 Appointed CEO of Ripple Expanded Ripple's global partnerships, enhancing cross-border payment solutions. 2020 Named in Forbes' List of Wealthiest in Cryptocurrency Recognized for significant contributions to the crypto industry. 2023 Legal Victory in SEC vs. Ripple Case Achieved a favorable ruling impacting cryptocurrency regulations.   EntrepreneurInvestorChief Executive OfficerBoard Member recently shocked everyone by posting a picture with Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President revealing they had shared a dinner together. This news has sparked excitement, especially considering the ongoing U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple. With the January 15 deadline fast approaching, along with Trump’s inauguration and SEC Chairman Gary Gensler’s upcoming resignation, the next few weeks hold significant importance. Enthusiasts are eagerly awaiting to see how these events will impact Ripple and its future.

Ripple CEO Meets Donald Trump Amid SEC Lawsuit Drama

Pro-XRP lawyer John Deaton took to social media and shared his thoughts on the incredible comeback of Ripple and its CEO, Brad Garlinghouse, in the past two years. Deaton highlighted Garlinghouse and Ripple’s General Counsel, Stuart Alderoty, as key figures in the industry’s turnaround.

He said that Ripple was unfairly sued by the SEC, with Garlinghouse personally sued as well, even though no fraud was involved. Deaton criticized the SEC for using harsh and unfair tactics during the case, including pressuring Ripple’s customers and partners overseas. Despite Ripple providing full records of every XRP transaction, the SEC still tried to force Garlinghouse to hand over his personal financial details, including credit card statements.

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John Deaton Praises Ripple’s Triumph Against SEC Tactics

Not only was Ripple unfairly sued, Garlinghouse was individually sued (in a non-fraud case). Anyone familiar with the Ripple litigation, and I am, knows the SEC played dirty, pushing ethical limits,

Deaton wrote.

Deaton said that Garlinghouse fought back against the SEC’s bullying and refused to give in. His efforts, along with the support of Ripple’s legal team, led to a victory for the company. Deaton ended by expressing how much things have changed in just two years and how bright the future looks for Ripple and the crypto industry, especially with a new president taking office.

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