Brad Garlinghouse, the Harvard-educated CEO of Ripple Labs, has declared his unwavering perception in XRP by tattooing the token’s brand on his arm.
Key Takeaways:
- Ripple CEO tattooed the XRP brand and key court docket date to point out “1000%” confidence within the token’s future.
- Ripple and the SEC are transferring to finish their years-long authorized battle.
- The court docket’s ruling left XRP’s retail gross sales untouched however confirmed institutional gross sales violated securities legal guidelines.
On Sunday, the fintech chief responded to a well-liked crypto X account that identified the boldness of getting inked previous 50, particularly amid Ripple’s ongoing authorized saga with the U.S. Securities and Change Fee (SEC).
“When somebody with a Harvard MBA will get a tattoo after 50 they’ve thought it via and understand it’s solely going to vary in a great way,” the person wrote. The Ripple CEO responded, “1000%.”
Garlinghouse Tattoos Key XRP Court docket Ruling Date
Garlinghouse’s tattoo contains the XRP icon and July 13, 2023, the date when a court docket dominated Ripple’s XRP gross sales to institutional buyers violated securities legal guidelines however cleared retail gross sales.
The ruling marked a turning level in Ripple’s authorized battle with the SEC, which sued the corporate in December 2020 for alleged securities violations.
The Ripple CEO’s daring present of help comes as the corporate and SEC search to resolve the case.
Final week, Garlinghouse introduced the corporate is dropping its cross-appeal towards the SEC.
“Ripple is dropping our cross-appeal, and the SEC is predicted to drop their enchantment, as they’ve beforehand stated,” he stated.
1000%
— Brad Garlinghouse (@bgarlinghouse) June 28, 2025
The event comes only a day after the US district court docket denied a joint request from Ripple and the SEC in search of an indicative ruling to scale back Ripple’s $125 million civil penalty and reverse the order labeling Ripple’s institutional XRP gross sales as securities transactions.
Decide Analisa Torres wrote that Ripple’s willingness to “push the boundaries” of the prior abstract judgment indicated a chance of additional violations.
Ripple’s chief authorized officer Stuart Alderoty commented on the court docket’s resolution, saying Ripple had two choices: to drop its enchantment or proceed difficult the discovering.
He emphasised that whatever the path chosen, “XRP’s authorized standing as not a safety stays unchanged,” reassuring buyers that Ripple’s operations would proceed usually.
Whereas the court docket dominated that Ripple’s programmatic gross sales of XRP didn’t represent securities transactions, it held that Ripple’s institutional gross sales did.
XRP Ledger Rolls Out New Improve Amid Rising Curiosity
As reported, RippleX, the event arm of Ripple, has rolled out model 2.5.0 of the XRP Ledger, introducing a number of protocol upgrades geared toward strengthening community performance and safety.
RippleX engineer Mayukha Vadari has referred to as the improve “probably the very best single lineup of amendments” ever launched, introducing vital enhancements to token administration and transaction processing.
The XLS-85 modification upgrades the escrow system by permitting third-party issued tokens, together with stablecoins, and introduces multi-purpose tokens designed for institutional purposes.
One other key change, XLS-56, permits wrapper transactions that may mix as much as eight steps right into a single motion, aiming to decrease failure charges in complicated transaction flows and enhance community effectivity for superior use instances.
The brand new replace comes because the XRP Ledger has recorded a surge in person exercise, with the variety of day by day lively addresses climbing from a median of 35,000 to over 295,000.
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