Ripple (XRP) Triumphs in Ongoing SEC Battle: CEO Reveals Major Win

XRP

XRP/USDT

$1.9126
-1.85%
24h Volume

$1,163,648,298.53

24h H/L

$1.9647 / $1.9016

Change: $0.0631 (3.32%)

Long/Short
76.8%
Long: 76.8%Short: 23.2%
Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.9139

-0.51%

Volume (24h): -

Resistance Levels
Resistance 3$2.0227
Resistance 2$1.9686
Resistance 1$1.9165
Price$1.9139
Support 1$1.8783
Support 2$1.8219
Support 3$1.7711
Pivot (PP):$1.9165
Trend:Downtrend
RSI (14):41.3
(03:14 PM UTC)
2 min read

Contents

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  • Ripple CEO Brad Garlinghouse discusses the company’s victory in the SEC lawsuit and shares his hiring strategies on the Worldclass podcast.
  • Garlinghouse also shares his views on the U.S. government’s approach towards Tether and its USDT stablecoin.
  • He highlights the importance of hiring failed entrepreneurs for high-level positions at Ripple.

In a recent podcast, Ripple CEO Brad Garlinghouse discusses the company’s legal victory against the SEC and shares insights on his hiring strategies and the future of Tether.

Ripple’s Triumph in SEC Lawsuit

Brad Garlinghouse, Ripple’s CEO, recently appeared on the Worldclass podcast where he discussed Ripple’s significant victory in the SEC lawsuit that has been ongoing for the past four years. Garlinghouse described the period following the lawsuit as a dark time for the company. However, the victory last year, where federal judge Analisa Torres ruled that XRP sales on secondary markets do not qualify as security sales, was a significant high point for Ripple. “We won all the things we cared about, and not just for Ripple but for the industry, that was a big high,” Garlinghouse stated.

Garlinghouse’s Hiring Strategies

During the podcast, Garlinghouse also shared his unique approach to hiring top talent for Ripple. He explained that A+ talents are motivated by more than just money; they want to make a significant impact in the world. As such, his strategy involves hiring failed entrepreneurs for high-level positions. These individuals, he believes, bring a unique perspective and drive to the company.

U.S. Government’s Approach to Tether

Garlinghouse also shared his views on the U.S. government’s approach towards Tether and its USDT stablecoin. He expressed his belief that the government is targeting Tether, adding that he sees Tether and its USDT stablecoin as a crucial part of the cryptocurrency ecosystem.

Conclusion

In conclusion, Ripple’s CEO Brad Garlinghouse has shared valuable insights on the company’s significant victory in the SEC lawsuit, his unique hiring strategies, and his views on the future of Tether. These insights provide a glimpse into the workings of one of the leading companies in the cryptocurrency industry and its approach to navigating the complex regulatory landscape.

MR

Michael Roberts

COINOTAG author

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