Ripple CEO warns crypto industry fight for clarity "has to continue" as Ripple vs SEC case nears end

06/18 03:00

June 18 (Huobi) - Brad Garlinghouse, CEO of Ripple, has stated that the conclusion of Ripple's case against the SEC is just the beginning of the fight for clarity in the crypto industry. He believes that the unsealing of the Hinman documents, which pertain to a 2018 speech about Ethereum not being a security, shows that the SEC knowingly created confusion about the rules and used that confusion through enforcement. Garlinghouse argues that the SEC acted in bad faith and that the timing of the lawsuit being filed just days before Christmas was a "grinch-like touch." He further explains that the documents show that senior officials at the SEC couldn't agree on the law and that only Congress has the power to create new laws.
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