Brad Garlinghouse’s comments echo voices such as billionaire Mark Cuban, who recently expressed similar views.
Ripple CEO Brad Garlinghouse said Securities and Exchange Commission Chair Gary Gensler will cause Joe Biden to lose the U.S. presidential election in November.
“Absolute nonsense coming from Gary Gensler,” Garlinghouse responded on X. “And this slander about ‘all crypto execs going to jail’ from the man who completely missed FTX , and wasn’t even invited to the DOJ announcement about Binance.” Last year, Judge Analisa Torres ruled that some of Ripple’s XRP sales, called programmatic, did not violate securities laws because of a blind bid process in place for them. She did, however, rule that other direct sales of the token to institutional investors constituted securities investment contracts.
Speaking at Coinbase’s State of Crypto Summit earlier this month, Cuban reiterated the comments, saying Gensler could “literally cost Joe Biden the election.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple's upcoming stablecoin will 'compliment' XRP, says Ripple President Monica LongMonica Long shares the strategy behind Ripple's upcoming stablecoin launch.
Read more »
Ripple CTO to Reveal Ripple's Crucial Upcoming Product at Consensus2024Ripple's top executive invites community to visit upcoming Consensus2024 event to hear him discussing key new direction for Ripple
Read more »
Ripple's Vision for DeFi: An Interview with Ripple's Head of DeFi Product Jasmine CooperJasmine Cooper, the Head of DeFi Product at Ripple, leads tokenization and DeFi products within RippleX, the team focused on providing infrastructure, tools, services, and programs for developers to enable new crypto use cases on the XRP Ledger (XRPL).
Read more »
Former Ripple Director Urges Company to Make New AcquisitionRipple's ex-high-ranking executive shares his take on evolvement strategy Ripple should adopt now
Read more »
What Will Happen to the XRP Price if Ripple Loses its Case Against the US SECCrypto Blog
Read more »
Ripple’s Top Lawyer Has Questions After SEC’s Ethereum U-TurnMany questions remain unanswered after the SEC suddenly dropped its probe into Ethereum
Read more »