A Discussion Has Surfaced Within the XRP Community Regarding Ripple CEO Brad Garlinghouse's Recent Comments

The debate centers on whether Garlinghouse referenced two separate $50 million payments or was referring to the same amount twice.

A discussion has surfaced within the XRP community regarding Ripple CEO Brad Garlinghouse’s recent comments about the company’s financial settlement with the SEC. The debate centers on whether Garlinghouse referenced two separate $50 million payments or was referring to the same amount twice.

X user Andrew Pearce started the conversation by highlighting what he perceived as an overlooked detail from Garlinghouse’s interview. When asked about fines from the SEC, Garlinghouse stated that Ripple was paying “$50 million to the SEC and $50 million to the government.”

This comment led Pearce to believe that there were two distinct payments being made. However, MAGA co-founder Stephen intervened, suggesting that Garlinghouse’s wording might have been a bit off.

Stephen pointed out that the SEC is a government agency, so in essence, Garlinghouse was referring to the same $50 million payment and not two.

The conversation unfolded further with Pearce admitting that he might have been mistaken. He elaborated, saying, “The way he phrased the answer and everything made me think it was two but yeah I think you’re right.”

Stephen replied that he interpreted the statement as referring to one payment, but he could understand how Garlinghouse’s words had caused some confusion, leading to multiple interpretations of the same statement.

This discussion comes amidst major developments in the lawsuit between Ripple and the SEC. A joint motion to hold the appeal in abeyance was granted, signaling that the case could be drawing to its close.

Additionally, the SEC has to file a status report within 60 days, which could mean there is momentum towards a final settlement.

As these legal matters play out, market analysts are keeping an eye on the price action of XRP. Trader Ali recently pointed out that XRP is moving in an upward triangle pattern with strong resistance at $2.22. If it manages to break above this level, it might spark a move towards $2.40.