📣 Hey BTC enthusiasts! Ripple CEO, Brad Garlinghouse, has fired shots at Gary Gensler, the US SEC chairman, over his recent comments about crypto executives going to jail. 🚔

Garlinghouse took to Twitter to express his views, suggesting that Gensler's approach to crypto regulation might cost President Joe Biden the upcoming elections. 🗳️

Gensler, in a recent Bloomberg interview, spoke about the US crypto industry, the forthcoming Ethereum ETFs, crypto regulation, and the fate of industry executives. He insisted there's no inconsistency between crypto and securities laws, but highlighted non-compliance in the crypto space causing harm to American investors. 😮

Garlinghouse, however, called Gensler's comments "absolute nonsense," pointing out that Gensler missed the fraudulent scheme of the bankrupt exchange FTX and even "cozied up" to the platform's founder. He also criticized Gensler's absence from the DOJ's announcement of a multi-billion-dollar settlement with Binance. 🤔

Garlinghouse's views align with billionaire entrepreneur and crypto investor Mark Cuban, who has also suggested that Gensler's stance on crypto could cost Biden the elections due to the number of young Americans who own crypto. 📈

Stay tuned for more crypto updates! 🚀