Ripple CEO Brad Garlinghouse has criticized the SEC for ignoring the ruling on XRP and claims that the agency is overstepping its legal authority. Garlinghouse believes that the SEC is not giving fair treatment to XRP and is not following the proper legal channels. He argues that the agency is overreaching in its attempts to regulate the cryptocurrency market. Garlinghouse’s comments come after the SEC filed a lawsuit against Ripple Labs, the company behind XRP, alleging that the digital asset was being sold as an unregistered security. Ripple has denied the allegations and has vowed to fight the lawsuit in court. Garlinghouse’s criticism of the SEC highlights the ongoing legal battle between Ripple and the regulatory agency.
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