In a scathing critique of the Securities and Exchange Commission’s (SEC) recent actions against the cryptocurrency industry, Ripple Chair Executive Officer (CEO) Brad Garlinghouse has accused the SEC Chair Gary Gensler of “hypocrisy” and “desperation”. In a statement released on Twitter, Garlinghouse called Gensler’s claims to be “pro-innovation” laughable, arguing that the agency’s recent lawsuits against Ripple and other companies are simply a distraction from their internal struggles. Ripple CEO Claps Back At SEC Chair Garlinghouse went on to criticize Gensler as an “unelected bureaucrat” who is flailing to mask the fact that he and his agency lack the power
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Author: coinmaker