Loading…

The morning briefing, in your inbox.

Top Cyprus + world stories, summarised. Every day.

Developed by Muflon

Ripple considered shutting down and giving XRP to shareholders, CEO reveals. · Cyprus Report

Tech · World

Ripple considered shutting down and giving XRP to shareholders, CEO reveals.

1 sourceFirst reported 10 days agoUpdated 10 days ago

AI summary: catch up in 20 seconds

Ripple CEO Brad Garlinghouse revealed that he and co-founder Chris Larsen considered shutting down the company and distributing XRP to shareholders.
This discussion took place prior to their decision to contest a lawsuit filed against Ripple in 2020.
The statement highlights the company's focus on facing legal challenges rather than liquidation.
Garlinghouse's comments reflect the difficult circumstances Ripple encountered during the legal battle.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

Summarising the coverage…

Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

Ripple once weighed shutting down and handing XRP to shareholders, CEO saysCoinDesk · 10 days ago

No comments yet. Be the first to join the discussion.

AI summary: catch up in 20 seconds

Ripple CEO Brad Garlinghouse revealed that he and co-founder Chris Larsen considered shutting down the company and distributing XRP to shareholders.
This discussion took place prior to their decision to contest a lawsuit filed against Ripple in 2020.
The statement highlights the company's focus on facing legal challenges rather than liquidation.
Garlinghouse's comments reflect the difficult circumstances Ripple encountered during the legal battle.

Generated by AI from the 1 sources below · always verify with the originals