Garlinghouse, who’s 52 and initially from Topeka, Kansas, was stunned by the non-public lawsuit. He felt betrayed. “I had cooperated totally,” he informed me in a latest telephone interview. “Years earlier than that, I had gone in and met with the Chair former SEC Chairman Jay Clayton, and I did not carry attorneys, as a result of why would I? We have been simply sharing what we have been doing. Like, ‘This is how we’re utilizing our know-how.'” He felt that Ripple was appearing in good religion, however later got here to imagine that “you do not at all times have a good-faith actor on the opposite facet.”
