Ripple CEO and Famous Billionaire Hit That Name: He Will Make You Lose!

Ripple CEO Brad Garlinghouse said that SEC Chairman Gary Gensler will cause Joe Biden to lose the US presidential elections in November. Garlinghouse’s comments echo voices such as billionaire Mark Cuban, who recently expressed similar views.

Ripple CEO: Gensler will cause Biden to lose the election!

cryptokoin.com As you follow from , US SEC Chairman Gary Gensler is the focus of criticism with his anti-cryptocurrency stance. Due to pressure from the SEC, it had to approve spot Bitcoin and Ethereum ETFs. However, leader Garry Gensler does not back down on his crypto stance. Ripple CEO Brad Garlinghouse said Gensler would cause Joe Biden to lose the US presidential election in November.

Gary Gensler commented on the crypto industry at the Bloomberg Investment Summit in New York on Tuesday. “This is an area where the leading luminaries of a few years ago are either in prison, about to be in prison, or awaiting extradition,” Gensler said. Additionally, Gensler said, “This area is an area where the public is really at a loss right now. And there is significant dissonance in this area,” he added. “Absolute nonsense coming from Gary Gensler,” Garlinghouse responded. Additionally, he underlined the following issues:

The slander that ‘all crypto executives will go to prison’ from the guy who hijacked FTX altogether (and actually approached SBF) and wasn’t even invited to the DOJ announcement about Binance. If he had actually been ‘working for the American people’ as he said, he would have been fired long ago. Gensler will cause Biden to lose the election.

The relentless war between SEC and Ripple continues!

The SEC and Ripple have been locked in a legal battle since 2020. At the time, the SEC said that Ripple’s native token, XRP, was an unregistered security. In this regard, it accused Ripple of raising $1.3 billion through the sale of XRP. That case is currently ongoing. However, last year, Judge Analisa Torres ruled that some of Ripple’s so-called programmatic sales of XRP did not violate securities laws because of a blind bidding process. However, she ruled that other direct token sales to institutional investors constituted securities investment contracts.

Mark Cuban from gentes’ to 2024 elections Review on!

Billionaire entrepreneur and crypto investor Mark Cuban also suggested last month that the way cryptocurrency is regulated in the US will influence voters in the 2024 presidential election. Therefore, Ripple CEO Brad Garlinghouse is not the only voice expressing such views. “If Joe Biden loses, there’s a good chance you’ll thank Gary Gensler and the SEC,” Cuban said at the time. Crypto is a pillar of support for young and independent voters.” said.

On the other hand, former President Donald Trump expressed his support for crypto and described the Democrats and the Biden administration as the opposite of crypto. However, sources stated that there is a shift from the Biden administration in terms of understanding crypto assets and communities. At the event, when asked to respond to billionaire Mark Cuban’s accusations that Gensler would blame him if President Biden loses the election, Gensler said, “I’m not talking about the elections.”