Ripple CEO: It’s shocking that 60 Minutes “omitted” the judge’s ruling that XRP is not a security
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Odaily Planet Daily Report: Ripple CEO Brad Garlinghouse posted on X stating: "Crypto made its debut on the '60 Minutes' program tonight. Undoubtedly, these technologies will continue to become more mainstream, and their impact and reach will only continue to grow. After watching the program, I do want to comment on a few things: I spoke with Margaret Brennan/the '60 Minutes' program for over 90 minutes. When discussing the SEC's erroneous lawsuit against Ripple, the program shockingly 'omitted' the federal judge's ruling that XRP is not a security... John Reed Stark is more aware of the situation, although his comments were the ones '60 Minutes' chose to air. Finally, the claim that cryptocurrencies have no utility is akin to the criticism leveled against the early internet, calling it merely illegal activity. They were proven wrong. Nowadays, even JPMorgan is starting to pay attention to blockchain... ('60 Minutes' also conveniently did not mention that Ripple is processing billions of dollars in KYC transactions for our institutional clients, using XRP to facilitate cross-border fund transfers more efficiently than traditional payment methods.)"
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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