Garlinghouse says anti-crypto army defeated by Trump and courts

Garlinghouse says anti-crypto army defeated by Trump and courts
Garlinghouse links Trump to U.S. crypto shift

Ripple Chief Executive Brad Garlinghouse said Washingtons anti-crypto stance had been defeated by the courts, voters and President Donald Trump. His comments were not just a political broadside, but an attempt to frame the past five years of U.S. crypto policy as a shift from aggressive enforcement to a fight over clear federal rules.

Highlights

  • Garlinghouse argues that Washingtons previous hard line on crypto lost in court and at the ballot box.
  • The Ripple case against the SEC became a key symbol of that fight.
  • The next stage for the industry centers on the CLARITY Act, which is intended to clarify rules for digital assets.

From the XRP case to a political statement

Garlinghouse wrote that the anti-crypto army had been defeated by the courts, by voters and by Trump, adding that attacks on digital assets made no legal or political sense. He also said efforts to fight financial innovation helped protect an old system that much of the industry sees as inefficient.

The backdrop is the SECs long-running case against Ripple. The regulator sued the company and its executives in December 2020, accusing them of selling XRP without registration under securities laws. In 2023, Judge Analisa Torres ruled that institutional sales of XRP violated the law, while other secondary-market sales did not fall under the same classification.

Ripple described the SECs later retreat from its appeal as a historic victory for the company and the broader industry. In March 2025, Ripple said that after more than four years of litigation, the SEC would drop its appeal, although that step still depended on formal commission approval.

A legal victory with caveats

There is an important detail in this story. The crypto industry had widely discussed a possible outcome in which Ripple would pay $50 million instead of the initially ordered $125 million, and the injunction would be lifted. But a later SEC release dated Aug. 7, 2025, stated something different: the parties dropped their appeals, while the courts final judgment, including the $125,035,150 penalty and the injunction against violations of registration rules, remained in effect.

That does not erase the political effect for Ripple. For Garlinghouse, the XRP case became an example of how court decisions constrained the SECs regulatory strategy. After Trumps victory in the 2024 election, industry donors and crypto-focused groups began speaking of a growing crypto voter bloc capable of influencing campaigns and the agenda in Washington.

The main fight now moves to Congress

The next front for Ripple and the broader industry is no longer the courtroom, but Congress. The CLARITY Act is meant to define which digital assets should be treated as securities, which should be treated as commodities, and which agencies should oversee trading platforms. The House passed the bill in 2025 by a vote of 294 to 134, and in May 2026 the Senate Banking Committee advanced it by a vote of 15 to 9.

For the market, this is a critical moment. Ripples victory on specific legal questions does not create a full regulatory framework for all tokens. If the CLARITY Act passes the Senate and is reconciled with the White House, the U.S. could move from regulation through lawsuits toward a clearer oversight model. For now, Garlinghouses statement sounds like an early declaration of victory in a fight whose final outcome still depends on lawmakers.

Earlier, we reported that Brad Garlinghouse outlines Ripple strategy centered on XRP growth.

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