Ripple CEO Brad Garlinghouse expressed dissatisfaction with SEC Chair Gary Gensler for his actions towards Ripple and other crypto companies.
Brad Garlinghouse's Tweet
Brad Garlinghouse recently retweeted a post about the Massachusetts Senate race results, where crypto advocate John Deaton narrowly lost to Elizabeth Warren. Garlinghouse noted that 'the crypto voter is alive and well,' expressing hope that Gensler would be held accountable.
Political Battle and Cryptocurrency
John Deaton, a strong advocate of cryptocurrency and XRP supporter, performed better than expected against Elizabeth Warren. The margin between the candidates was only 19.2%.
Conflict Between Ripple and SEC
About a month ago, the SEC appealed a court decision that fined Ripple $125 million instead of the $2 billion requested. Ripple, in turn, filed a cross-appeal. Earlier, in July 2023, Judge Analisa Torres ruled that XRP sales on exchanges were not security offerings.
The conflict between Ripple and the SEC continues, with the community supporting Garlinghouse's quest for justice.
