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Ripple CEO Sues Entire World for Not Being as Awesome at Making Money Off Unregulated Tokens as He Is

An illustration of Brad Garlinghouse standing at a podium looking frustrated with his arms crossed while behind him there is an image of Gary Gensler's face in a broken mirror. In front of them are scattered papers, torn apart by two opposing hands representing inconsistent regulations. A giant question mark looms above the scene and to their left stands a large calendar showing 2023 as if time itself was stuck due to regulatory uncertainty.

I’m not surprised that Brad Garlinghouse of Ripple is whining about SEC hypocrisy – what else would he say? The guy’s livelihood depends on convincing people that his crypto token isn’t worthless. Meanwhile, Binance gets sued by the SEC because its CEO can’t even be bothered to follow basic regulations. You’d think a company like Binance with all those fancy tokens and trading platforms could afford some decent lawyers who know what they’re doing – but I guess not

Source: bitcoin.com

Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent regulations to support the cryptocurrency industry’s growth and innovation. Ripple CEO Brad Garlinghouse has criticized […]

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