During the recent episode of Chris Vasquez’s Worldclass podcast, Ripple boss Brad Garlinghouse revealed the company’s biggest achievement gained by opposing the US Securities and Exchange Commission in court.
During the recent episode of Chris Vasquez’s Worldclass podcast, Ripple boss Brad Garlinghouse revealed the company’s biggest achievement gained by opposing the US Securities and Exchange Commission in court.
He also touched on other topics and shared the key secret to hiring A+ talent for Ripple.
Ripple’s Big High During SEC Lawsuit
Brad Garlinghouse, who joined Ripple in the CEO role after working as CEO at several large Web2 companies and after being a senior executive at Yahoo, participated in the recent episode of the Worldcall podcast. Before accepting an offer from Chris Larsen to take over as CEO of Ripple in 2015, Garlinghouse rejected a job offer from Uber, as he believed that working for Uber would not bring any radical change to his life.
One of the key things he shared with host Chris Vasquez was the major achievement achieved by Ripple during the SEC lawsuit against Ripple Labs that has been ongoing for the past four years.
Garlinghouse shared that when Ripple was sued, dark times began for the company. However, with the victory obtained last year, when federal judge Analisa Torres ruled that sales of XRP in secondary markets do not qualify as sales of securities, the Ripple CEO said that “they won all the things that mattered to us, and “Not only for Ripple but for the industry, that was a great success.”
The US government is behind Tether, says Garlinghouse
Garlinghouse also revealed that he loves getting top talent to join Ripple. A+ talents, he said, want to leave a mark on the universe that money isn’t enough to motivate them. Therefore, his secret here is to hire failed entrepreneurs for these high-level positions.
During this conversation, Garlinghouse also expressed his opinion that the US government is going after Tether. He strongly believes in this and adds that he sees Tether and its stablecoin USDT as a very important part of the ecosystem.
