— Brad Garlinghouse (@bgarlinghouse) January 7, 2021
With regards to the questions about the XRP, Garlinhouse said Ripple “provided some customers, especially first movers, with incentives to use its On-Demand Liquidity product.”
He also stated that Ripple has no control over cryptocurrency trading platforms listing XRP, which is open-source and decentralized. He also explained that most trading platforms such as Coinbase are just halting the XRP trading.
Delisting and halting are 2 separate things – most are halting trading. With 8 different govt agencies, each with their own (and sometimes opposing) views of crypto, U.S. market participants are facing conflicting policies and no surprise, some act conservatively. 4/10
— Brad Garlinghouse (@bgarlinghouse) January 7, 2021
What’s awaiting Ripple and CEO
The SEC lawsuit against Ripple isn’t the only problem that the company is facing. Last week, Tetragon Financial Group, a major investor in the company’s Series C investment round, filed a lawsuit against the company.
