Rather than the accommodating tone most companies take when sued by the SEC, Ripple, Garlinghouse, and Larsen have come out the door swinging, accusing the agency of legislating by litigation and promising to fight the charges vigorously on behalf of both themselves and the larger cryptocurrency industry.
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Ripple CEO Brad Garlinghouse says he is more interested in XRP's liquidity than in its price (Photo: Ripple)What’s up with Ripple?
The international financial transactions business has been up and running for years, yet it still gets a lot of flak for its influence over the third-largest cryptocurrency, XRP
Ripple has the distinction of being one of the largest companies in the cryptocurrency and blockchain business that is up and running and working with hundreds of customers, including a couple of major banks. Yet for all those achievements, it is among the most controversial companies in DeFi, with a host of critics.