Gasparino criticizes SEC’s focus on Ripple amid other financial scandals.
Ripple was forced to move operations abroad due to unclear U.S. crypto regulations.
Gasparino warns that the judge’s ruling may reduce protections for retail investors.
Charles Gasparino, a reporter at FOX Business, has voiced concerns over the U.S. Securities and Exchange Commission’s (SEC) ongoing legal fight with Ripple, the company behind XRP.
In an interview with Anthony Pompliano, Gasparino criticized SEC’s excessive iron-hand approach on Ripple while it is favorable to others. He further emphasized the unclear regulatory environment surrounding crypto assets and how it hindered Ripple’s operations.
Gasparino discussed the SEC’s decision to target Ripple and XRP, while other high-profile financial scandals, like the case involving Sam Bankman-Fried, were allowed to unfold with less regulatory scrutiny.
BREAKING: SEC vs. Ripple $XRP Case Discussion With Fox Business Reporter!
“I always thought the regulation of Ripple was just needless. Think about it, they were going after Ripple & XRP, while Sam Bankman-Fried was going nuts ripping people off.” — @CGaspari…
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