Ripple CEO Says Fairshake Exists to Challenge Gary Gensler
Ripple CEO Brad Garlinghouse noted Fairshake, the major political action committee that was funded by crypto bigwigs in the 2024 U.S election, was started to challenge Securities Exchange Commission’s Gary Gensler.
Brad Garlinghouse, the CEO of Ripple Labs, a blockchain-based global payments solution, met with CBS News on Dec. 6 to discuss political action committees and their influence on the U.S. Presidential election. The CEO said that If SEC chair Gary Gensler hadn’t aggressively regulated cryptocurrencies, Fairshake, a federal-independent expenditure-only committee registered with the Federal Election Commission, wouldn’t exist. He said, “I’m not sure Fairshake would exist“.
