In a recent installment of Chris Vasquez's Worldclass podcast, Ripple CEO Brad Garlinghouse discussed the significant accomplishment the company achieved while challenging the U.S. Securities and Exchange Commission (SEC) in court. Additionally, he addressed various topics and divulged the primary strategy for recruiting top-tier talent at Ripple.
Ripple's huge victory during the SEC case
Recently, Brad Garlinghouse, a top leader at Yahoo and a former CEO of multiple significant Web2 companies, joined Ripple as its chief executive officer. He was featured on a recent episode of the Worldcall podcast. Garlinghouse declined a job offer from Uber in 2015 in order to avoid accepting Chris Larsen's invitation to become the next CEO of Ripple because he believed that joining the Uber team would not significantly alter his life.
During a conversation with host Chris Vasquez, Ripple CEO Brad Garlinghouse highlighted the most significant triumph for Ripple amidst the ongoing lawsuit with the SEC, which has persisted for the past four years.
Garlinghouse acknowledged that Ripple faced challenging times when the lawsuit was initiated. However, he emphasized that a pivotal victory was secured last year when federal judge Analisa Torres ruled that XRP sales on secondary markets do not constitute security sales. According to Garlinghouse, this victory was significant not only for Ripple but also for the entire industry, marking a major high point in their journey.
As per Garlinghouse, Tether is the target of the US government
Garlinghouse further disclosed that he enjoys recruiting the brightest talent to work at Ripple. He remarked, "A+ talents are driven by a desire to make a difference in the world; money is not enough to drive them here." His strategy, then, is to fill these high-level roles with former entrepreneurs.
Garlinghouse also stated the opinion that Tether is being targeted by the US government during this talk. He reiterates his strong belief in it and says he considers Tether and its USDT stablecoin to be a crucial component of the ecosystem.
May 2024, Cryptoniteuae