Ripple CEO Brad Garlinghouse emphasized the cost of fighting the SEC in a recent interview at the Consensus 2022 conference. Garlinghouse said the company will spend more than $100 million in legal fees by the end of the lawsuit.
As previously reported, Ripple CEO Brad Garlinghouse said that if it loses a lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against the company, Ripple may move outside the United States entirely.