Nearing the end of its legal battle with the SEC Ripple CEO Brad Garlinghouse He harshly criticized SEC Chairman Gary Gensler’s statements against the cryptocurrency industry.
SEC Chairman Gary Gensler In his statement at the Bloomberg Investment Summit, he said that the cryptocurrency industry is a sector where most executives go to prison.
gentes “The crypto industry is an area where leading figures from a few years ago are either in prison, about to go to prison, or awaiting extradition.” said.
The response from Ripple CEO to Gensler’s comment was immediate. Garlinghouse was harshly critical of Gensler’s comments, calling them “complete nonsense.”
Ministry of Justice Binance that he was not invited to the meeting in his investigation and that Gensler FTX Garlinghouse, who pointed out his failure to address the collapse and his strong ties to Sam Bankman-Fried, claimed that Gensler could cause US President Joe Biden to lose the 2024 elections.
“Gensler’s statements are complete nonsense.
This man, who completely overlooked FTX and was not even invited to the meeting of the US Department of Justice in the Binance investigation, says that all crypto managers will go to jail. It is a great nonsense and slander.
If he really was “working for the American people” as he says, he would have been fired long ago.
Gensler will cause Biden to lose the election.”
Brad Garlinghouse is not the first or only person to think that Gensler’s actions will cause Joe Biden to lose the election. Famous American billionaire Mark Cuban last May too Ripple He had made similar statements to his CEO.
Absolute nonsense coming from @GaryGensler today.
And this slander about “all crypto execs going to jail” from the man who completely missed FTX (and actually cozied up to SBF), and wasn’t even invited to the DOJ announcement about Binance.
If he was really “working for the… https://t.co/c3ynB5Gncl
— Brad Garlinghouse (@bgarlinghouse) June 25, 2024
*This is not investment advice.
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