.Ripple and anonymous whales have moved 512 million $XRP. whale_alert xrparmy
In a recent interview to CNBC, head of Ripple Labs Brad Garlinghousein the crypto industry, stating that this a major issue of the space that slows down its improvement on a big scale.
Garlinghouse himself holds Bitcoin and Ethereum, apart from XRP, and as a former executive at Yahoo, he saw a lot of companies that managed to co-exist well enough during the dot-com boom in the 1990s. Now, Garlinghouse is shocked at the lack of coordination between the leaders of crypto companies and communities and absence of adequate regulation from the US authorities, as he admitted in the interview.
Since December 2020, Ripple Labs has been struggling to win against the SEC in the lawsuit filed by the regulatory agency, and Garlinghouse has many times stated that the SEC’s goal is to impose a strict control on the whole crypto space, and they have basically picked Ripple as a scapegoat.
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