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t's come to FT Alphaville's attention recently that some
Knowledge users — two in particular — have been repeatedly editing Ripple CEO Brad Garlinghouse's Knowledge page to remove some less positive aspects of the entry. Specifically, these two users have been removing text under the "Controversies"
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In 2018 and 2019, Garlinghouse claimed on multiple occasions that the published error rate for SWIFT messaging was at least 6%. This was shown to be untrue by research published by the London School of
Economics Business Review that showed Garlinghouse's claims were based on misreading of a paper
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Garlinghouse joined Ripple as COO in April 2015, reporting to then CEO and co-founder Chris Larsen. He was promoted to CEO in
December 2016. In December 2019, Garlinghouse announced that Ripple had raised a $ 200M series C funding round from Tetragon, SBI Ventures and Route 66 Ventures. In 2020
222:(SEC) issued a complaint alleging that Garlinghouse, Ripple Labs and Ripple Chairman Chris Larsen had committed multiple breaches of securities laws. While the case was pending, Garlinghouse criticized the SEC's lack of clarity on the status of Ripple's products, referring to SEC chairman
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from 2009 to 2011. In April 2012, Garlinghouse joined the board of video startup
Animoto. He joined Hightail and served as its CEO until September 2014, leaving after a disagreement with the board regarding company direction.
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divisions. While at Yahoo! he penned an internal memo known as the "Peanut Butter
Manifesto," calling for the company to focus on its core business, rather than spreading itself too thin, like peanut butter.
234:, held that the company's crypto token offering was "not a security", enabling the token to be relisted on exchanges. In November 2023, the SEC dropped all claims against Garlinghouse and Larsen.
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589:"Complaintagainst Defendants Ripple Labs, Inc. ("Ripple"), Bradley Garlinghouse ("Garlinghouse"),and Christian A. Larsen ("Larsen" and, with Ripple and Garlinghouse, "Defendants")"
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Garlinghouse admitted that Ripple Labs would be losing money if it did not have the revenue generated from the sales of the XRP cryptocurrency.
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section of the page, and one of them in fact removed the whole section entirely, before it was reinstated by a different
Knowledge editor
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as an autocrat and tweeting, that "without clear jurisdiction, ambiguity masquerades as power". In July 2023, presiding judge
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The whitewashing of unflattering details from
Garlinghouse's Knowledge page was a subject of discussion by
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November 4th; 2019|Finance; FinTech; Information; Technology; Comments, LSE alumni|3 (2019-11-04).
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as CEO from 2000 to 2001. From 2003 to 2008, he served as Senior Vice
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513:"Do six per cent of financial transactions sent via the Swift system really fail?"
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published by SWIFT that did not refer to error rates in messaging.
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117:(born February 4, 1971) is the CEO of financial technology company
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United States
District Court for the Southern District of New York
412:"Brad Garlinghouse takes over as CEO of payments startup Ripple"
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461:"The art of redefining success, MoneyGram and Ripple edition"
277:"Brad K Garlinghouse, Ripple Labs Inc: Profile and Biography"
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Ripple rips SEC boss as it braces for make-or-break ruling
369:"As Yahoo Falters, Executive's Memo Calls for Overhaul '"
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668:"US SEC cannot appeal Ripple Labs decision, judge rules"
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143:, Kansas. Garlinghouse has a BA in economics from the
685:"SEC drops claims against two Ripple Labs executives"
553:"Who's been editing the Ripple CEO's Knowledge page?"
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252:"Story Details - Alumni - Harvard Business School"
616:"Cryptocurrency Company Ripple Is Sued by S.E.C."
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651:Kharif, Olga; Miller, Matthew (July 14, 2023).
191:After Yahoo!, he served as a Senior Advisor at
296:"Is Facebook Like Google, or More Like Yahoo?"
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121:. He previously was the CEO and chairman of
535:: CS1 maint: numeric names: authors list (
320:"Yahoo Memo: The 'Peanut Butter Manifesto'"
488:"Swiss National Bank (SNB) - Research TV"
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367:Delaney, Kevin J. (November 18, 2006).
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220:U.S. Securities and Exchange Commission
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387:"Why brad garlinghouse left hightail"
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718:Why Brad Garlinghouse left Hightail
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773:People from Menlo Park, California
294:Catone, Josh (13 September 2009).
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743:American chief operating officers
713:Garlinghouse new CEO of YouSendIt
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550:Kelly, Jemima (August 24, 2020).
159:Garlinghouse had early stints at
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193:Silver Lake Partners
145:University of Kansas
89:University of Kansas
27:American businessman
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570:2020-10-18
522:2020-04-25
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492:www.snb.ch
473:2020-04-25
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416:TechCrunch
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305:2020-05-12
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238:References
125:(formerly
99:Occupation
59:1971-02-06
165:@Ventures
127:YouSendIt
564:Archived
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123:Hightail
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441:Fortune
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230:of the
169:Dialpad
108:(2015-)
183:, and
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173:Yahoo!
155:Career
141:Topeka
135:Yahoo!
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