The chief executive of Ripple Labs is sounding off against the U.S. Securities and Exchange Commission (SEC), saying that the regulatory agency doesn’t care about those it harmed with its XRP lawsuit. Ripple CEO Brad Garlinghouse tells his 662,000 Twitter followers that the SEC’s lawsuit isn’t about upholding the law, but rather consolidating power. “My outrage has grown as the litigation has unfolded. There is no recourse. There is no consequence to those that brought this lawsuit. The SEC’s pursuit of a policy objective isn’t about ‘A faithful allegiance to the law.’ It’s about power.” The SEC sued Ripple inGo to Source
Author: NixCoin