Ripple Strikes Back: Garlinghouse Slams SEC as Trump-Era Policy Takes Hold
Ripple CEO Brad Garlinghouse says the company’s legal victory over the SEC marks the beginning of a more innovation-friendly era for U.S. crypto policy—thanks in large part to a change in leadership at the White House and regulatory agencies.
In a Fox Business interview on The Claman Countdown, Garlinghouse confirmed that Ripple and SEC staff have finalized terms to end the multi-year legal battle over XRP. The commission is now expected to vote on a final dismissal.
Under the deal, Ripple will pay $50 million—less than half of the $125 million it had previously set aside for penalties. The remainder, plus interest, will be returned to the company.
“This is a big step forward,” Garlinghouse said. “Gensler’s SEC was on the wrong side of the law. With new leadership at the SEC and the White House, we’re seeing a much more constructive and pro-innovation stance.”
Trump Administration Earns Praise From Ripple Chief
Garlinghouse didn’t hold back in his praise for the Trump administration’s crypto-friendly posture. He singled out figures like David Sacks and Paul Atkins as instrumental in shaping what he called “common-sense” regulatory direction.
“President Trump is absolutely delivering on his promises,” Garlinghouse said. “These are people who want to see this industry thrive here in the U.S.”
The Ripple CEO also spotlighted two major bills gaining steam in Congress—one focused on stablecoins and the other on broader market structure. Ripple, which recently launched a stablecoin under a New York trust license, sees federal clarity as key to further growth.
Ripple’s Latest Acquisition Signals Confidence in U.S. Market
In a sign of growing optimism, Garlinghouse revealed that Ripple has closed one of the largest crypto acquisitions to date.
“We could not have made this purchase a year ago,” he said. “There was a coordinated attack on crypto under the previous administration. They weren’t listening to voters or to consumers. That’s all changed.”
XRP’s Momentum Outpaces Market Despite Tariff Shock
Garlinghouse acknowledged the recent market pullback, spurred by new tariff announcements from President Trump. XRP is down nearly 5% from its recent highs, and Bitcoin remains 2% below its pre-tariff levels. But he urged investors to focus on the bigger picture.
“XRP has been the best performing major cryptocurrency over the last 90 days,” he said. “We’re investing in where the world will be in three years—not what happens over the next six months.”
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
