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Ripple CLO calls Gary Gensler 'a struggling liability' as poli | Bitcoin Ethereum and NFTs News 📲

Ripple CLO calls Gary Gensler 'a struggling liability' as political winds shift

Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair Gary Gensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether exchange-traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability."

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