Ripple CEO Criticizes 60 Minutes for Incomplete XRP Coverage Amid SEC Tensions
Ripple CEO Brad Garlinghouse criticized 60 Minutes for omitting a crucial detail about a federal judge's ruling that XRP is not a security in its coverage of the SEC lawsuit against Ripple. The segment included Garlinghouse's comments on XRP and a counterargument from former SEC official John Reed Stark, who suggested that cryptos are generally considered securities. Garlinghouse accused Stark of misrepresenting facts and criticized 60 Minutes for not fact-checking. Speculation about the SEC potentially dropping its appeal has led to fluctuations in XRP's market position.