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Ripple CEO Brad Garlinghouse revealed a 1000% XRP commitment.
Gate News bot news, according to CoinGape, as the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) gradually comes to an end, Ripple CEO Brad Garlinghouse is doubling down on the XRP project and views his tattoo as a symbol of commitment. Recently, with the latest news showing strong growth in the network fundamentals of Ripple (XRP), Garlinghouse will further enhance this project.
Garlinghouse has confirmed that he will fully support XRP and expressed optimism about the long-term success of the project. In a post on X, Garlinghouse noted that the XRP tattoo on his upper arm symbolizes his 1000% commitment to the project.
After an anonymous digital asset investor commented on Garlinghouse's decision to get a tattoo, Garlinghouse reiterated his commitment to XRP. The Digital Asset Investor account pointed out that Garlinghouse decided to get an XRP tattoo at the age of 50, demonstrating his full dedication to the project.
"I know many people who got tattoos when they were young and later regretted it because life changed," said Digital Asset Investor. "Those who get tattoos after the age of 50 with a Harvard MBA have thought it through; they know it will only bring good changes."
Digital Asset Investor believes that Garlinghouse has no doubt about this, and the XRP founder responded in a "1000%" tone.
In 2023, after XRP achieved partial victory in the lawsuit against the SEC, Brad Garlinghouse announced the XRP tattoo. At that time, the SEC stated that the token sales on public exchanges did not qualify as securities.
However, the company has been challenging the court's ruling regarding institutional XRP sales for the next two years and urging the court to modify the ruling. Ripple subsequently withdrew its cross-appeal against the SEC, bringing the XRP lawsuit one step closer to conclusion after Judge Torres dismissed the joint motion for a declaratory judgment filed by both parties.
Despite the ban on institutional XRP sales, Garlinghouse stated that he is doubling down on improving the XRPL (XRP Ledger). The company will not contest the court's decision to uphold the ban but may explore compliance options for institutional XRP sales.
Gensler stated: "We will close this chapter and focus on what matters most – building the internet of value."