Ripple CEO claims the SEC is a bully ‘trying to regulate through enforcement’
Specifically, Ripple’s CEO Brad Garlinghouse believes that the SEC can be characterized as being a “bully” that is trying to “regulate through enforcement” in his interview with the CNBC Crypto World’s MacKenzie Sigalos published on September 23.
Ripple CEO highlighted that 95% of his company’s growth was from customers outside the U.S. “partly because the rules of the road are clear in those countries,” . He also reminded of the fact that Ripple has already “spent over $100 million defending ourselves in a case that we have tried to move forward as quickly as we can and the SEC has gone as slowly as they can.”. the SEC claimed Ethereum (ETH) was not a security.
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