Ripple (XRP) CEO Brad Garlinghouse has summoned US officials, accusing Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), of abusing the power of the institution.
Brad Garlinghouse March 30 Posted on his official social media account on in the shipmentSEC Chairman cryptocurrency legislation on the subject criticizing their statements and the institution in charge of abuse your power He complained to the US authorities, implying that he did.
Gensler’s known recently, “There is no need for extra legislation to regulate cryptocurrencies, we already have one, it’s called Securities Legislation.” in response to his statements in criticism Garlinghouse, a Gensler autocrat behaving like allegation he did.
garlinghouse US elected officials against Gensler on duty he invited in sharing used the following terms:
It’s incomprehensible that the SEC Chair dictates that what is a security, not the law, can determine it. The time has come for US elected officials to pay attention to this issue. Why would you want to be clear about what’s inside or outside when you’re acting like an autocrat running a bloated $2.5 billion corporation?
If there is no clarity, power is masked as uncertainty.