Ripple CEO Brad Garlinghouse Rips Regulators
Ripple CEO Brad Garlinghouse tears into US regulators. Brad Garlinghouse who is currently fighting the SEC had some choice words for the regulators and their involvement with FTX. Brad Garlinghouse points out how close SEC chair Gary Gensler was with FTX and Sam Bankman Fried but failed to see how badly run the exchange actually was. Ripple CEO Brad Garlinghouse goes on to say that banks like Wells Fargo commit violations repeatedly but yet fly under the radar. He points out the uproar about the collapse of FTX and the scrutiny put on the crypto industry while banks like Wells Fargo pay 3.7 billion in fines and no one even cares. Banks commit fraud all the time they just have the pockets to pay the fines and carry on like business as usaul.
#ripple #xrp #sec #wellsfargo #violations #fraud
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