Ripple CEO claims Gary Gensler will cost Biden the election
Share link:In this post: Ripple CEO Brad Garlinghouse claims SEC Chair Gary Gensler’s actions will cause Biden to lose the 2024 election. Mark Cuban supports Garlinghouse, arguing Gensler’s policies hurt legitimate crypto businesses and voters’ trust. Former President Trump is leveraging pro-crypto stances to gain support from the disillusioned crypto community.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information
Ripple CEO Brad Garlinghouse has predicted that Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), will be the reason President Joe Biden loses the 2024 Presidential Election.
The relationship between Ripple and the SEC has been contentious, with a legal battle stretching over several years. During the Bloomberg Invest Summit in New York, Gensler made several remarks that fueled Garlinghouse’s ire. He said:
“This is a field where the leading lights from a couple of years ago are either in jail, about to go to jail, or awaiting extradition.”
Garlinghouse was quick to respond on X (formerly Twitter), labeling Gensler’s comments as “absolute nonsense.” He accused the SEC Chair of failing to prevent the collapse of FTX and criticized his perceived connections with Sam Bankman-Fried, the disgraced founder of FTX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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