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Just saw Gasparino's report on X about Brad Garlinghouse's net worth hitting around $10 billion now that XRP is moving. Pretty wild to think about, honestly. The thing is, Ripple still hasn't filed any public financial disclosures despite operating like a traditional business, which is kind of interesting from a regulatory angle.
Looks like this could become an issue with the SEC and Paul Atkins, especially since securities laws usually require companies to disclose that kind of financial info. So you've got this situation where Brad Garlinghouse's personal wealth is climbing with XRP price action at $1.30, but the company itself stays pretty quiet about their actual numbers. Makes you wonder how long that can fly under the radar, you know?
The whole dynamic between Ripple's lack of disclosure and Brad Garlinghouse's growing net worth seems like something regulators might want to take a closer look at eventually. Curious how this plays out.