Ripple CEO Warns SEC’s Appeal Win Could Drive US Crypto Firms Offshore
Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal.
Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement.
Ripple CEO Highlights Caution Should US SEC’s Appeal Win
During a recent discussion, entrepreneur Anthony Pompliano questioned Ripple CEO Brad Garlinghouse on the SEC’s stance and its implications for the crypto sector. Pompliano raised concerns about how the classification of crypto tokens as “investment…
