Ripple's legal conflict with the SEC is 'coming to a close,' but the fight for regulatory clarity 'has to continue,' Said bgarlinghouse, who also cautioned that it is only the start of a bigger conflict for the entire sector.
In his remarks, Garlinghouse strongly criticized the SEC’s actions, describing them as a clear case of “bad faith, plain and simple.“
“This is the definition of putting politics over people […] and the pursuit of power over sound policy,” he stated. He believes that the SEC is “looking to kill” innovation and the cryptocurrency industry in the U.S., arguing that the Hinman speech isn’t about “any one token or any one blockchain,” but more so the overall stance that the SEC has toward the crypto industry.
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