Brad Garlinghouse

Person

Last mentioned: Mar 21, 2026

Timeline

  1. Final Classification Status

    Appellate courts and SEC finalize the non-security status for secondary markets, ending the legal saga.

  2. Remedies Phase Concludes

    Court orders Ripple to pay $125M fine, significantly lower than the SEC's $2B demand.

  3. Torres Summary Judgment

    Judge rules XRP is not a security when sold to retail investors on exchanges.

  4. SEC Lawsuit Filed

    The SEC sues Ripple Labs, alleging XRP is an unregistered security.

Stories mentioning Brad Garlinghouse 1

regulation Neutral

XRP SEC Finality: A Definitive Regulatory Turning Point for Digital Assets

The definitive classification of XRP by the SEC and federal courts marks a watershed moment for the digital asset industry, providing the long-sought legal clarity required for institutional adoption. This resolution ends years of litigation and establishes a framework for how secondary market transactions are treated under U.S. securities law.

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