Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his views on Ripple's regulation, noting that the scrutiny on the company and its cryptocurrency XRP was excessive.
Skepticism About Ripple's Regulation
Gasparino pointed out that while the SEC was targeting Ripple, other high-profile figures like Sam Bankman-Fried were involved in serious financial misconduct without similar regulatory pressure. He called this an example of regulatory overreach.
Technology Role and Legal Proceedings
Ripple was forced to operate overseas due to the lack of clear regulations in the U.S. The SEC’s legal actions created uncertainty even after a favorable ruling for Ripple.
Comparison with Other Cases
Gasparino's interest in Ripple began when covering Ethereum's regulatory efforts. He believes the scrutiny on Ripple seemed unjust compared to other figures.
Charlie Gasparino expressed dissatisfaction with the SEC's actions against Ripple, highlighting the inconsistency in approaches to different cases.
