Ripple CEO Condemns US SEC For Withdrawal From The Binance Lawsuit, Here’s Why
Summary
Ripple CEO Brad Garlinghouse criticized the SEC for inconsistency and lack of transparency in its legal actions against cryptocurrency platforms. The SEC withdrew its request to classify tokens as securities in the Binance lawsuit, leading to accusations of hypocrisy and arbitrary application of rules. Legal expert John E. Deaton supported Garlinghouse's criticism, calling for SEC Chairman Gensler's resignation due to alleged damages to retail investors and perjury.
