Head of Ripple Brad Garlinghouse names Ripple’s future costs by the end of the lawsuit.
Brad Garlinghouse at Consensus 2022 in Austin Texas on July 15 named Ripple’s future costs by the end of the lawsuit. He noted:
The facts and Law are on the side…When this is all set and done, we will have spent over $100 million on legal fees fighting the SEC… This fight is not just for Ripple; it’s for the whole Industry
He also added regarding the behavior of the SEC:
The dynamics there is that the SEC bullies companies into settlement because they cannot afford to fight.