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January 15, 2025

Ripple CEO Takes A Stand Against Gary Gensler Over Ripple Lawsuit

Brad Garlinghouse, the CEO of Ripple, voiced his strong stance against SEC Chairman Gary Gensler in a recent tweet addressing the ongoing SEC vs. Ripple lawsuit. He criticized Gensler’s intention to continue legal battles, indicating that such actions are beyond reasonable in a rapidly evolving crypto landscape. Garlinghouse emphasized the need for regulatory clarity and fairness in the cryptocurrency industry. He firmly believes that the SEC should focus on fostering innovation rather than stifling it. Ripple advocates for clear rules that promote healthy growth, not detrimental legal conflicts. The crypto community watches closely as the legal proceedings unfold, eager for positive outcomes that encourage development and usage of digital currencies.

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