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Ripple CEO slams SEC over the use of XRP report in lawsuit By Cointelegraph - Modern Digital India
Saturday, May 30, 2026
International Investments

Ripple CEO slams SEC over the use of XRP report in lawsuit By Cointelegraph

By Isabella Margaret
Ripple CEO slams SEC over the use of XRP report in lawsuit By Cointelegraph
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CEO Brad Garlinhouse on Aug. 2 expressed his disapproval of the United States Securities and Exchange Commission for utilizing Ripple’s quarterly XRP (XRP) Markets Report, designed to enhance transparency in the cryptocurrency industry, as evidence against the company in the ongoing lawsuit.

Garlinghouse stated that the company initiated the reports with the intention of voluntarily offering updates on its XRP holdings. However, the CEO said these reports were later “used against” the company in the SEC’s lawsuit. Garlinghouse reiterated the company’s commitment to transparency but hinted that future reports might undergo some changes.