SEC Chair Gary Gensler Avoids Discussing Ripple Case Specifics in Bloomberg Interview

07/28 17:25

Bloomberg intelligence runner James Seyffart pointed out that SEC chair Gary Gensler avoided discussing the Ripple case and Bitcoin ETF filings in a recent Bloomberg TV interview. During the interview, Bloomberg reporter Kailey Leinz asked Gensler about his thoughts on the Ripple verdict and whether the agency planned to appeal it. Gensler was evasive in his response, stating that he is one of five commissioners and has no say over whether the SEC will appeal the verdict. The judge in the Ripple case determined that XRP sales to retail investors did not qualify as securities, while those to institutional investors did.
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