The Ripple v SEC case has been droning on for a very long time now. However, the end could be closer than we think.
As per CEO- Brad Garlinghouse 
Brad Garlinghouse
Brad Garlinghouse is an American businessman and a major crypto influencer. He is the CEO of Ripple Labs, which offers cryptocurrency and blockchain solutions. Brad has also worked at Hightail, AOL, and Yahoo in prominent positions.
Ripple Labs has backed several blockchain startups and investors to grow decentralized finance. Brad sees crypto as a tool for financial freedom and has worked with other influencers in this regard.
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.
Useful Links To Connect with Brad Garlinghouse
Platform
Link
X (formerly Twitter)
https://twitter.com/bgarlinghouse
LinkedIn
https://www.linkedin.com/in/bradgarlinghouse
Ripple’s Website
https://ripple.com/leadership/brad-garlinghouse/
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the ongoing legal lawsuit is about to find its end, but not earlier than a few months.
This statement has pulled down Ripple’s native currency XRP by more than 7% on Oct 10 as the currency ended the first day of this week at $0.4847. However, today the XRP has slightly climbed by 0.56% in the last 24hrs and is currently trading at $0.49.
XRP holders would be glad to know that Ripple has gained yet another victory as in the latest judgment passed by the US District Court Judge, Analisa Torres, where-in the judge has allowed two third of the party’s defendants to file amicus briefs. Amicus brief is where the person or organization who acts as a friend to the court assisting the procedure will file the brief.
The Latest Proceedings
The two firms which had appealed to act as amicus curiae in the XRP lawsuit are Philippines-based settlement company I-Remit and U.S.-based on-demand private jet booking platform TapJets. As per Judge Torres, the two firms can file their briefs till October 14, 2022.
This judgment comes out following the filing made by the SEC to allow more time and pages in its brief if the court decides to allow more amicus curiae in the process. This was objected to by Ripple defendants who said that this move by the SEC is just another attempt to delay the case proceedings.
Meanwhile, both the firms, I-Remit and TapJets are of the opinion that the Ripple vs SEC case is affecting their business as the firm’s useful source lies within XRP Ledger and XRP currency.
