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Ripple nearly shut down after SEC lawsuit but won a key ruling that XRP is not a security.

Market News
11 Jul 2026
Tokenpost
View Source
Bullish
pluang ai news

Ripple CEO Brad Garlinghouse revealed the company almost closed after the SEC sued them in 2020 for allegedly selling unregistered securities via XRP. Despite the financial strain, Ripple chose to fight the lawsuit, which ended with a major court ruling that XRP is not a security. This victory helped Ripple recover and expand internationally, gaining regulatory approvals like the MiCA license in Europe. The case highlights Ripple's resilience and growing role in institutional blockchain adoption.

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