.bgarlinghouse says Ripple’s battle with SECGov is going well
said that his company is already operating as if it has lost the fight with the U.S. Securities and Exchange Commission.
Ripple’s record-breaking growth number come outside of the United States, and it is hiring more and more people outside the U.S, the executive said. The idea that XRP is an unregistered security is “misguided,” according to Garlinghouse. Yet, the token has no liquidity in the U.S. after all exchanges suspended trading in early 2021. Ripple CTO Slams Elon Musk, Exposing Allegedly Real Reason for Twitter TakeoverGarlinghouse says that the whole industry is being impacted by the decision, rejecting the idea that the ongoing fight is just about Ripple.
“Justice delayed is justice denied. Unfortunately, justice is being delayed here by continued efforts by the SEC to push things out,” Garlinghouse said. In addition, Garlinghouse has reiterated that the SEC is harming the cryptocurrency industry by failing to provide clarity. The cryptocurrency industry will be a multi-chain world, meaning that there won’t be one winner to rule them all. He claims that it all comes down to utility.
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