Ripple (XRP) CEO Brad Garlinghouse blasted US Securities and Exchange Commission (SEC) Chairman Gary Gensler.
Brad Garlinghouse, SEC Chairman Gensler’s recent your sharing quoting in harsh criticism found. Gensler shared a section from a program he attended recently and said, taking the cryptocurrency industry to the Wild West He compared it.
Garlinghouse described Gensler in his statement on the subject: The person who set his heart on the biggest fraud in recent history The statements he made while describing himself as two-faced found it.
This attitude of the SEC chairman towards the cryptocurrency industry negatively affects consumers and investors The defending CEO detailed his statement with the following statements:
Striking hypocrisy from the person who set his heart on the biggest fraud in recent history. Gensler actions destroy consumers and the integrity of the SEC. At the same time, he is a political figure who remains friendly with Wall Street while doing all this.
Gensler and his team have a dozen spot Bitcoin ETF applications on their desk, and how the process will turn out is of great interest to the cryptocurrency industry.