Ripple Execs Are Now Billionaires Thanks to XRP holders, and all holders are poor
Brad Garlinghouse and Chris Larsen have made a lot of money thanks to people who have been waiting forever!!!
had we invested in other cryptos like bnb, ada, combo, solana. link, and many others, we would all have been rich today, but all of us who have believed in xrp have just made a bad choice
All has been relatively quiet in XRP markets, with a lull of new developments in the SEC lawsuit. But that’s about to change with SEC v. Coinbase beginning oral arguments on Jan. 17
The current Ripple CEO is Brad Garlinghouse, who owns a reported 6.3% stake in the company, as well as additional XRP tokens. His net worth, based on the current rate, would be nearly $10 billion, placing him in the mid-50s on Forbes' list of wealthiest Americans🤷♂️
Positive developments for different crypto companies in their court battles with the Securities and Exchange Commission have often lifted all boats in cryptocurrency markets. When Ripple won a landmark decision ruling that XRP tokens are not securities, it led Coinbase, a cryptocurrency exchange, to reliet XRP after de-listing it seven months earlier. Meanwhile, the deadline for discovery of evidence in the SEC v. Ripple lawsuit is Feb. 12. Here’s the court schedule of key dates in the remedies phase of the ongoing suit next year: