Ripple considered shutting down during SEC lawsuit... ultimately chose to fight back

Key takeaway

"Ripple considered shutting down during SEC lawsuit... ultimately chose to fight back" — BullBear's AI rates this story as a bullish (positive) signal for markets, with a market-impact score of 65 out of 100. Ripple seriously considered shutting down its company during its legal dispute with the U.S. Securities and Exchange Commission (SEC), but ultimately chose to fight back. This decision is seen as having saved hundreds of jobs and set a significant precedent for the broader cryptocurrency industry. Ripple CEO Brad Garlinghouse revealed the situation during a recent lecture, stating that the company considered closure versus legal defense against the SEC's lawsuit, which alleged that Ripple sold XRP as an 'unregistered security'. That score reflects how strongly the story is likely to move Bitcoin, US equities, the dollar, and gold, and near-duplicate coverage of the same event is clustered so only the representative article is scored. BullBear analyzes hundreds of market stories a day this way, turning each into a structured bullish, bearish, or mixed read rather than a raw headline, so the signal can be compared across sources and over time. Reported by TokenPost on July 13, 2026. The bullish and bearish evidence behind this assessment, plus a 24-hour price-move check that verifies the call against what actually happened, are all tracked publicly on BullBear.news.