Ripple CEO: US SEC Chairman Gary Gensler needs to bear "political responsibility" due to lawsuit

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ODAILY
01-16
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Odaily Odaily Ripple CEO Brad Garlinghouse slammed U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler on Tuesday, calling the SEC chairman a "political liability" in an ongoing lawsuit. The crypto company is battling the U.S. Securities and Exchange Commission, accusing the company and its executives of illegally selling XRP tokens in an unregistered securities sale. The lawsuit against Garlinghouse and fellow executive Chris Larsen was dismissed in October. The SEC did not immediately respond to a request for comment as of press time.

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