Ripple CEO Says Anti-Crypto Army Was Defeated By Trump...

Garlinghouse Declares Regulatory War Over

@Ripple CEO Brad Garlinghouse (@Bgarlinghouse) says the hostile regulatory era that defined the crypto industry under the Biden administration is finished. Speaking publicly, Garlinghouse credited three forces with turning the tide: the courts, President Trump, and voters, arguing together they defeated what had been branded the "Anti-Crypto Army."

The phrase traces back to Senator Elizabeth Warren, whose Senate reelection campaign circulated a Politico headline in early 2023 using that term. Warren never said anything publicly about building an "anti-crypto army" herself, but her campaign shared a headline with that phrase, and it became a rallying cry for the industry. Garlinghouse has pointed directly to figures like former SEC Chair Gary Gensler and Warren as the architects of that adversarial period.

Garlinghouse has argued the industry will not be thrown back into a hostile regulatory environment, and that the sector will not return to the era when Gensler led the SEC and brought charges against many in the space. "Frankly, I think the ship has sailed," he said at DC Fintech Week.

What the Shift Means for $XRP

The clearest evidence of that shift is the conclusion of Ripple's own legal battle with the SEC. On August 7, 2025, both the SEC and Ripple Labs filed a joint dismissal of their respective appeals with the U.S. Court of Appeals for the Second Circuit, marking the definitive end of a legal saga that began in December 2020.

The U.S. District Court ruled that XRP is not a security when traded on public exchanges, while certain institutional sales were classified as securities transactions. Ripple paid a $50 million settlement and agreed to stop making direct institutional XRP sales in the United States. The decision confirmed XRP's non-security status in retail markets, allowing Ripple to continue operating globally.

The downstream effects have been significant. Seven U.S. spot XRP ETFs launched between November 2025 and early 2026, pulling in over $1.29 billion in net inflows. Meanwhile, the CLARITY Act would permanently classify XRP as a digital commodity under federal law, with the White House targeting a July 4, 2026 signing, and analysts calling its passage the single biggest remaining price catalyst for $XRP.

Garlinghouse has said that since the United States is no longer stifling the crypto industry with unnecessary lawsuits and regulation by enforcement, the growth of the digital assets sector is poised to skyrocket. For $XRP holders, that assessment now has a legal foundation to stand on.

Sources:
The Block: Ripple CEO Garlinghouse says US won't return to hostile crypto climate
Brave New Coin: XRP Case Officially Ends as SEC Walks Away
Capital.com: Ripple vs SEC, what the ruling means for XRP