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Brad Garlinghouse: SEC Chair ‘pursuing politics,’ not ‘policy’

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Ripple Labs [XRP] CEO Brad Garlinghouse has been one of the most vocal critics of the U.S. Securities and Exchange Commission (SEC) ever since the payments-focused company was sued by the regulator nearly three years ago.

Read Ripple’s [XRP] Price Prediction 2023-24

Garlinghouse has minced no words in denouncing the SEC, more specifically current chairperson Gary Gensler, in public forums.

Staying true to his tirade, Ripple’s CEO called the SEC Chair a “bully” during a chat at the ongoing Messari Mainnet 2023 event. Garlinghouse’s comments were reported by Fortune Magazine’s senior journalist, Jeff Roberts.

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“You have to stand up to a bully … he’s pursuing power, he’s pursuing politics. Not sound policy.”

Ripple CEO on SEC Chair. He’s not wrong

Also notable that Gensler has led one-time crypto foes @twobitidiot and @bgarlinghouse to become allies pic.twitter.com/GS2j1YDeP0

— Jeff Roberts (@jeffjohnroberts) September 20, 2023

The overall mood in the XRP circles has been upbeat ever since the partial win in the hotly contested legal battle against the SEC. The judgement ruled that the sale of XRP to the public was not to be considered as a security.

However, the sale of XRP to institutional investors constituted a security.

Despite the relief, Garlinghouse hasn’t been optimistic about the future of cryptos in the U.S. Quoting him, pro-Ripple attorney John E Deaton said on X (formerly Twitter) that the company looked at offshore destinations like the UAE, UK, and Singapore for hiring.

At Mainnet and @bgarlinghouse just said: “We’re hiring in Dubai, We’re hiring in London, We’re hiring in Singapore…”

Now I ask: Do you feel protected?

— John E Deaton (@JohnEDeaton1) September 20, 2023

Given what has happened in recent weeks, this should come as no surprise. In a recent interview to Bloomberg, Brad Garlinghouse had stated that Ripple would source more than 80% of its human talent from outside the U.S., a telling reminder of the sentiment carried by crypto behemoths for the American market.

Is your portfolio green? Check out the XRP Profit Calculator

At the time of publication, XRP exchanged hands at $0.5084, according to CoinMarketCap. The coin has effectively reversed all the gains made after the SEC verdict due to factors other than regulatory pressure.

However, what keeps XRP investors hopeful is that the judgement would be legally binding on all stakeholders for at least two years. This could give ample time for XRP to consolidate and prepare for the potential bull market of 2024.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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