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'Unsavable': Lawyers Told Ripple Execs to Abandon Company

Published on July 12, 2026

Categories: Regulation Legal Company News

Recent revelations from Ripple CEO Brad Garlinghouse and CTO Emeritus David Schwartz have brought to light the intense panic that gripped the enterprise blockchain firm in December 2020, with legal advisors reportedly suggesting executives consider abandoning the company.

Recent statements from both Ripple CEO Brad Garlinghouse and Chief Technology Officer Emeritus David Schwartz have exposed the intense panic that gripped the enterprise blockchain firm in December 2020.

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A dramatic, low-light image of a legal document on a conference table with a blurred, anxious executive in the background, conveying a sense of crisis and difficult decisions for a blockchain company. Focus on shadows and muted tones.