Ripple CEO claims Gensler apologized over XRP lawsuit

Brad Garlinghouse claims Gary Gensler privately apologized for the SEC’s approach to Ripple, fueling speculation about changing regulatory views on crypto.

Multiple reports suggest that Brad Garlinghouse, CEO of Ripple, claimed former SEC Chair Gary Gensler privately apologized to him regarding the SEC’s handling of Ripple and the XRP lawsuit. Garlinghouse shared this account at the XRP Sydney 2026 event, stating that Gensler approached him at the White House and said, “Sorry... I was wrong.” This alleged apology, reportedly made at the end of a high-level policy briefing, has not been publicly confirmed by Gensler or any regulatory officials. The claim has sparked significant discussion within the crypto community, with many viewing it as a potential sign of changing regulatory attitudes toward blockchain and digital assets. Garlinghouse described the moment as unexpected and suggested that Ripple’s emphasis on utility and usability had ultimately prevailed after years of legal challenges. Reports also note that the SEC’s stance on digital assets has shifted since Gensler’s resignation, and the XRP lawsuit previously caused major volatility in the crypto market.