Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic
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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
Key Highlights Brad Garlinghouse said Gary Gensler personally apologized during a White House interaction. The remarks were made during the XRP Sydney 2026 event panel. No public confirmation from Gensler or U.S. regulators has been issued. Ripple CEO Brad Garlinghouse has stirred debate in the crypto industry after claiming that…
In a recent announcement, Ripple CEO Brad Garlinghouse confirmed that the company has temporarily shelved its plans for an initial public offering (IPO) due to an ongoing legal dispute with the United States Securities and Exchange Commission (SEC). Garlinghouse expressed concerns about the regulatory climate in the United States and…