Ripple's CEO Criticizes U.S. Crypto Regulations

Ripple's CEO Criticizes U.S. Crypto Regulations



In a series of recent comments, Ripple's CEO, Brad Garlinghouse, expressed strong disapproval of the U.S. regulatory framework for cryptocurrencies, particularly criticizing SEC Chair Gary Gensler. This tension could spell trouble for investors in Ripple's cryptocurrency, XRP. Let's delve into Garlinghouse's remarks and explore the latest forecasts for XRP's value.



Brad Garlinghouse was forthright in his critique of the U.S. Securities and Exchange Commission (SEC) and its leader, Gary Gensler. Speaking at DC Fintech Week, he accused the SEC and Gensler of misdirecting their efforts by pursuing legal action against Ripple and engaging with figures like Sam Bankman-Fried. Garlinghouse suggested that this focus might have contributed to overlooking fraud within the broader cryptocurrency market.



He also targeted the SEC over


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