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The crypto startup is preventing the SEC over allegations that the agency and its executives illegally offered XRP tokens in unregistered securities gross sales. A case in opposition to Garlinghouse and fellow government Chris Larsen was dismissed in October.
The SEC didn’t instantly reply to a CNBC request for remark.
“One of many definitions of madness is doing the identical factor over and over and anticipating a distinct end result,”
I feel Gary Gensler is doing the identical factor over and over and he thinks that one way or the other he’ll win in court docket, he has continued to lose in court docket.
Gary Gensler is a political legal responsibility in the US. And I feel he isn’t appearing within the pursuits of the citizenry, he isn’t appearing within the pursuits of the long-term progress of the economic system, and I do not perceive it.”
“I feel sooner or later there shall be a brand new chair of the SEC and I feel that shall be a great factor for the American individuals.”
The SEC in
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