🚨 BREAKING XRP NEWS! GARY GENSLER GONE NEXT WEEK?! 🚨
Ripple CEO Brad Garlinghouse is calling for the removal of SEC Chairman Gary Gensler if Donald Trump returns to the presidency! Garlinghouse believes that Gensler's approach has been overly aggressive and detrimental to the crypto industry, particularly with his lack of clear regulatory frameworks.
In a tweet on November 6, Garlinghouse urged Trump to make firing Gensler a priority on his first day in office. He also suggested potential replacements for Gensler, including Chris Giancarlo, Brian Brooks, or Dan Gallagher, all of whom are seen as more supportive of cryptoCrypto Briefing.
This move comes after several controversial SEC actions under Gensler’s leadership, including the ongoing battle over the classification of Ethereum and XRP. Ripple’s legal victory in 2023, where a judge ruled XRP is not a security when traded on public exchanges, is still under challenge, with the SEC appealing the decisionCrypto Briefing.
Could Gensler’s removal shift the regulatory landscape in favor of crypto assets like XRP? Stay tuned as we follow this critical development!
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