tldrdailynews.com logo

Ripple CEO's Clash with SEC Chair Sparks $3 Billion Penalty Concern

1 min read
Source: CNBC
Ripple CEO's Clash with SEC Chair Sparks $3 Billion Penalty Concern
Photo: CNBC
TL;DR

Ripple CEO Brad Garlinghouse criticized SEC Chairman Gary Gensler, calling him a "political liability" amid the ongoing lawsuit over allegations of illegal XRP token sales. Garlinghouse accused Gensler of repeating unsuccessful tactics and not acting in the interest of the citizenry or long-term economic growth. The SEC has not responded to the criticism.

Topics:businesscryptocurrency-regulation#brad-garlinghouse#cryptocurrency-regulation#gary-gensler#ripple#sec#xrp
Share this article
  1. Ripple CEO calls U.S. SEC Chair Gary Gensler a 'political liability'  CNBC
  2. Ripple vs SEC : Potential $3 Billion Penalty Looms  Coinpedia Fintech News
  3. Expert Cites Condition That Could Make Ripple Pay Over $3 Billion As Penalty to SEC  The Crypto Basic
  4. Ripple Faces Potential $3 Billion Blow: Could A Settlement End The Long SEC Battle? | Bitcoinist.com  Bitcoinist
  5. Ripple Motions for a Delay in the SEC’s Securities Lawsuit  DailyCoin

Want the full story? Read the original reporting

Read on CNBC