Ripple's $200 Million Battle: CEO Garlinghouse Reveals SEC Fight Costs

Ripple's ongoing battle with the Securities and Exchange Commission (SEC) continues to escalate, not just in legal complexity, but also in financial burden. At the Dubai Fintech Summit, the CEO of Ripple, Brad Garlinghouse, revealed that the firm has spent almost $200 million defending itself in the case with the SEC.

According to CEO Brad Garlinghouse, Ripple has spent $200 million defending itself in the lawsuit filed by the SEC (Securities and Exchange Commission). This significant expenditure underscores the high stakes involved and Ripple's determination to fight the SEC's allegations.

The SEC filed a lawsuit against Ripple and accused CEO Brad Garlinghouse and Co-founder Chris Larsen of breaching SEC laws by selling XRP without registering it with regulators. The SEC accuses Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen of breaching U.S. securities laws by selling XRP without first registering it with the authorities.

Ripple has stood its ground in an existential fight with the SEC, but the fight has not been cheap. Ripple has spent $200 million defending the case brought against it by the United States Securities Exchange Commission (SEC), according to CEO Brad Garlinghouse. The company’s CEO, Brad Garlinghouse, has consistently maintained that the SEC's claims are without merit, and Ripple's legal team is aggressively challenging the SEC's jurisdiction and interpretation of securities laws.

Ripple's ongoing battle with the Securities and Exchange Commission (SEC) will likely cost the firm in excess of $200 million by the time the case is resolved. The dedication of such a substantial sum highlights the potential impact of the outcome, not just for Ripple, but for the broader cryptocurrency industry. 21 de sept. de 2025. (Note: Date is likely inaccurate and used for demonstration of various available snippets.)