Lately Ripple CEO, Brad Garlinghouse gave an job interview to CNN’s Julia Chatterley. The job interview largely mentioned the Ripple-SEC saga.
When asked about Ripple’s “contingency plans”, Garlinghouse stated that Replacement of XRP with an alternate could undoubtedly be an possibility.
He, for a person extra time, alleged SEC of picking the winner as he stated:
“That certainly could be section of the resolution. I believe there is particular strangeness that XRP has type of picked winners listed here: it explained that Bitcoin is not a stability, it reported that Ether is not a stability, but truly every little thing else, I assume, is variety of at risk. Particularly, provided what they have done in the lawsuit towards Ripple. But, you know, we could do that.”
SEC Lawsuit: “@Ripple and I have been additional transparent than any individual else in the #crypto marketplace about our exercise.”
CEO @bgarlinghouse says the #SEC is completely wrong on the info & on the regulation.
“I obtain a selected irony with bringing a lawsuit against us personally.” / Portion 1 pic.twitter.com/d0dN8IdqQA
— Julia Chatterley (@jchatterleyCNN) April 1, 2021
Garlinghouse also commented on the transparency expectations of Ripple and himself as he proudly mentioned that they have been most clear in their dealings and most people in the crypto marketplace must notice the criteria that they have been abiding by.
More, when asked about the SEC allegations of him fetching $150 million through the sale of millions of XRP’s he reported that he has been staying away from answering the query as he is “looking forward to the details coming out in the courtroom case.” He stated that it is important that the points do come out.
He was also asked about the DeFi sector which is said to be inducing insecurities to the crypto coins i.e. XRP, in response he denied that DeFi or stablecoins are actually threatening Ripple as he stated that Ripple is largely “solving a cross-border payment problem”
Last of all, however he is persuaded that Bitcoin is likely nowhere he does seem to be worried about Bitcoin consuming power to an insufficient extent as he added that the XRP is 100,000 moments productive on per transaction foundation.
