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Ripple CEO Brad Garlinghouse: SEC 'Weaponized the Lack of Regulatory Clarity,' Threw 'an Entire Industry Into Chaos'

Jun 17, 2023 · 1 min read · 866 points
Ripple CEO Brad Garlinghouse: SEC 'Weaponized the Lack of Regulatory Clarity,' Threw 'an Entire Industry Into Chaos'
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Ripple CEO Brad Garlinghouse criticized the role that the U.S. Securities and Exchange Commission (SEC) assumed against the crypto industry.

Highlights

  • Ripple CEO Brad Garlinghouse: SEC ‘Weaponized the Lack of Regulatory Clarity,’ Threw ‘an Entire Industry Into Chaos’ The SEC “Weaponized” the lack of regulatory clarity against the crypto industry, he says.
  • Ripple CEO: SEC threw an entire industry into ‘chaos’ and ‘weaponized’ the industry’s lack of regulation.
  • He says the SEC “weaponized” a lack of clarity in the regulatory framework for the crypto-crypto industry.

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