Ripple Labs CEO Brad Garlinghouse takes center stage, openly criticizing the SEC and Chairman Gary Gensler
Speaking at Messari’s Mainnet 2023 event in NYC, Garlinghouse doesn't mince words, calling Gensler a "bully" who prioritizes power over effective regulation
In the aftermath of a key court decision in the SEC vs. Ripple case, Garlinghouse claims the SEC fell short of its goals. He highlights that the ruling undermined Gensler's argument that most crypto assets are securities
Despite over $100 million spent on legal fees, Garlinghouse remains hopeful, citing a judge's statement that XRP isn't a security. He reveals plans to hire 80% of new Ripple employees outside the U.S.