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Ripple once weighed shutting down and handing XRP to shareholders, CEO says

Published Source: CoinDeskRead original

Crypto Insight Summary: Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit. Crypto Insight Analysis: Direction: Bearish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Past consideration of shutdown raises uncertainty about XRP's future.

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Ripple once weighed shutting down and handing XRP to shareholders, CEO says — Crypto Insight