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Ripple considered shutting down in 2020 and distributing XRP to shareholders amid SEC legal battle.

Market News
12 Jul 2026
Crypto Briefing
View Source
Bearish
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Ripple's CEO Brad Garlinghouse revealed that in 2020, during its legal fight with the SEC, the company considered shutting down and distributing its XRP holdings to shareholders. This plan was due to regulatory pressures and the significant XRP supply Ripple owned at the time. Ultimately, Ripple chose to continue operating to keep XRP separate from corporate equity, a decision impacting market confidence and XRP's price outlook. Investors will watch Ripple's ongoing legal developments and any strategic updates closely.

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