All articles tagged with #brad garlinghouse
Ripple CEO Brad Garlinghouse's recent comments and symbolic tattoo have sparked community speculation of a potential 1,000% XRP price surge, which could push the coin to around $24, with a market cap surpassing $1.4 trillion, reflecting strong optimism and belief in XRP's future growth.
Ripple CEO Brad Garlinghouse criticized CBS's '60 Minutes' for omitting a crucial legal victory for XRP in a recent segment. The program failed to mention a July 2023 ruling that declared XRP not a security when traded on public exchanges, which Garlinghouse argues is a significant milestone for Ripple. He also highlighted Ripple's compliance with regulations and its success in enabling cross-border transactions. Additionally, Garlinghouse noted the growing political influence of the crypto industry, supported by significant contributions to pro-crypto political campaigns.
Ripple CEO Brad Garlinghouse discussed the company's $150 million legal battle with the SEC on 60 Minutes, criticizing the agency's approach under Chairman Gary Gensler and advocating for clearer crypto regulations. He emphasized that Ripple seeks regulation, not deregulation, for its digital asset XRP, which it argues should not be classified as a security. The interview coincides with a surge in XRP's price, reflecting investor optimism about the crypto industry's future, particularly with potential political changes.
Ripple CEO Brad Garlinghouse announced that his interview on 60 Minutes will air on December 8, 2024, focusing on the cryptocurrency industry's regulatory challenges in the U.S. The interview will highlight Ripple's legal battle with the SEC over XRP's status as a security and the company's growing political influence, as 85% of Ripple-supported congressional candidates won their elections. This appearance is seen as a significant moment for Ripple and the broader blockchain sector.
Ripple CEO Brad Garlinghouse will appear on "60 Minutes" on December 8 to discuss Ripple's push for clearer cryptocurrency regulations in the U.S., amid XRP's recent price surge. The interview may address Ripple's legal victory over the SEC and its implications for the crypto industry. XRP recently hit a multi-year high, and analysts predict further growth. Garlinghouse's appearance could influence market sentiment and highlight Ripple's regulatory achievements.
Ripple CEO Brad Garlinghouse is set to appear on "60 Minutes" on December 8 to discuss regulatory clarity for the cryptocurrency industry in the U.S. This comes as XRP experiences a significant price surge, reaching $2.86, amid ongoing debates about the SEC's regulatory approach under Gary Gensler. The interview could influence public and regulatory perceptions of XRP and the broader crypto market, potentially impacting investor sentiment and regulatory attitudes.
Ripple CEO Brad Garlinghouse will appear on "60 Minutes" on December 8 to discuss the cryptocurrency industry's regulatory challenges in the US. This interview comes amid XRP's recent price surge and follows Garlinghouse's comments on the potential positive impact of SEC Chair Gary Gensler's departure on the crypto sector. The episode is expected to provide insights into Ripple's legal battles and the broader implications for the crypto market.
Ripple CEO Brad Garlinghouse predicts the cryptocurrency market will double in size to $5 trillion by the end of 2024, citing factors such as the approval of the first U.S. spot bitcoin exchange-traded funds and the upcoming bitcoin "halving." He also sees positive signs in U.S. crypto regulation, expecting more clarity and a shift in policy focus. Other industry experts, including the COO of U.S. crypto exchange Gemini, also anticipate significant gains, with predictions of bitcoin reaching $150,000 later this year.
Ripple CEO Brad Garlinghouse criticized SEC Chairman Gary Gensler, calling him a "political liability" amid the ongoing lawsuit over allegations of illegal XRP token sales. Garlinghouse accused Gensler of repeating unsuccessful tactics and not acting in the interest of the citizenry or long-term economic growth. The SEC has not responded to the criticism.
Ripple CEO Brad Garlinghouse, the Winklevoss twins, and Coinbase CEO Brian Armstrong have joined forces to support pro-crypto presidential candidates in the 2024 elections. They have pledged $78 million to the Fairshake political action committee (PAC), aiming to shape a political environment favorable to the crypto industry amidst growing regulatory challenges. The PAC has already spent over $1.2 million on television advertising and seeks to elect leaders who foster a balanced regulatory environment, encouraging innovation while ensuring consumer protection. This united front of industry heavyweights aims to counterbalance the influence of traditional financial institutions and big tech companies and unleash the full potential of blockchain technology.
Ripple CEO Brad Garlinghouse criticized the U.S. Securities and Exchange Commission (SEC), stating that the agency has lost sight of its mission to protect investors. Garlinghouse believes that the SEC's repeated litigation approach to crypto regulation is ineffective and hopes for the introduction of federal laws governing digital currencies by Congress. He also highlighted recent victories for Ripple and Grayscale in legal battles against the SEC, suggesting that the agency needs to reassess its regulatory strategy. Ripple, a payments company specializing in cross-border money transfers, has been embroiled in a legal dispute with the SEC over allegations of conducting a $1.3 billion securities fraud through the sale of XRP tokens.
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will face a lengthy process before being able to appeal Judge Torres' favorable ruling in the case against Ripple. Garlinghouse dismissed the SEC's decision regarding institutional sales as insignificant and stated that an appeal by the SEC would only solidify the judge's decision that XRP is not a security. He criticized the SEC for being a bully and causing confusion in the market, hindering innovation in the U.S. crypto industry. Garlinghouse expressed optimism and stated that it could take years for the SEC to file an appeal.
Ripple CEO Brad Garlinghouse has warned that the fight for regulatory clarity in the crypto industry must continue, as the legal battle between Ripple and the SEC nears its end. Garlinghouse criticized the SEC's actions, stating that they acted in "bad faith, plain and simple" and that they are "looking to kill" innovation in the US crypto industry. He believes that the recently unsealed Hinman Documents suggest that the SEC "knowingly created confusion about the rules, and they used that confusion through enforcement." Garlinghouse emphasized that the industry must work together as the SEC could take action against more crypto firms in the future.
Ripple CEO Brad Garlinghouse discussed the SEC's inconsistencies in a video, highlighting the implications of the Hinman documents. He stated that "as our case comes to a close, the fight for clarity has to continue." The XRP community reacted to the speech, with some predicting big news soon. Former SEC attorney Marc Fagel predicted the lawsuit would come to a close in days, while Ripple CEO Brad Garlinghouse made an audacious prediction of the lawsuit being resolved in "weeks" and not months.
Ripple has spent $200 million defending itself against the SEC lawsuit, according to CEO Brad Garlinghouse, who criticized the U.S. for falling behind in crypto regulation and putting politics ahead of policy. Garlinghouse advised entrepreneurs to avoid starting in the U.S. due to the lack of a clear regulatory framework. Ripple was sued by the SEC in December 2020 for illegally selling XRP tokens as an unregistered security, a claim Ripple has long disputed. A decision is expected from the judge in the next three to six months.