- Brad Garlinghouse addresses SEC Chair Gary Gensler as a political liability.
- The CEO asserts the necessity of a new SEC chair, pointing out Gensler’s lack of consideration for citizens’ interests.
- Mr. Huber shares a sarcastic comment about Gensler, reflecting on his alleged interest in banks.
Brad Garlinghouse, the CEO of Ripple, recently shared his discontent with SEC Chair Gary Gensler’s regulatory policies, addressing him as a “political liability.” In light of multiple lawsuits against prominent crypto firms as well as the rejection and delays in Spot Bitcoin ETF approval, Garlinghouse pointed out the necessity of a new SEC Chair.
“I do think the chair of the SEC, Gary Gensler, is a political liability in the United States. And I think he’s not acting in the interests of the citizenry, he’s not acting in the interests of the long-term growth of the economy, and I don’t understand it.” https://t.co/fjqnG9xnuk— Brad Garlinghouse (@bgarlinghouse) January 16, 2024
Ripple has been fighting against the SEC’s allegations of offering unregistered securities since 2020. Despite a landmark victory in July 2023, when U.S. District Judge An…
The post Ripple CEO Slams SEC Chair, Addresses Gensler as a ‘Political Liability’ appeared first on Coin Edition.