Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator.
Garlinghouse Says There Is ‘Regulatory Chaos’ in the US
In a Twitter thread on his official profile, Garlinghouse claimed that the blockchain company “tried” to settle with the U.S. SEC. He added that the firm will try again with the new administration but refused to go into specifics.
In response to crypto exchanges listing XRP, Garlinghouse said that the company “has no control” over where the token is listed. “It’s open-source and decentralized,” claimed the Ripple executive.
However, the CEO discussed in-depth the matter of when XRP will be relisted on exchanges that have delisted the token. Referencing the Digital Commodity Exchange Act (DCEA), he described:
With [eight] different govt agencies, each with their own (and sometimes…