Ripple CEO Brad Garlinghouse has stated that the legal battle between Ripple and the US Securities and Exchange Commission (SEC) is just the beginning of a larger fight for regulatory clarity in the industry. In a video posted to Twitter, Garlinghouse criticised the SEC’s actions, describing them as a clear case of “bad faith”. He believes the SEC is “looking to kill” innovation and the cryptocurrency industry in the US, 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.
– Ripple CEO Brad Garlinghouse warns that the legal battle between Ripple and the SEC is just the beginning of a larger fight for regulatory clarity in the industry.
– Garlinghouse criticised the SEC’s actions, describing them as a clear case of “bad faith”.
– He believes the SEC is “looking to kill” innovation and the cryptocurrency industry in the US.
