Ripple CEO Says SEC Has Been a ‘Bully’ to Crypto

Bloomberg Television published this video item, entitled “Ripple CEO Says SEC Has Been a ‘Bully’ to Crypto” – below is their description.

Ripple Labs CEO Brad Garlinghouse says the ruling by a federal judge that Ripple’s XRP token is a security when sold to institutional investors is a victory for the crypto industry. Speaking with Matt Miller and Jon Erlichman on “Bloomberg Markets,” Garlinghouse says the SEC overreached and increased confusion around crypto regulation.

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In This Story: Ripple

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. The ledger employs the native cryptocurrency known as XRP.

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In This Story: XRP

XRP is the native cryptocurrency of the ledger for Ripple.

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.

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