Ripple CEO Brad Garlinghouse has joined Elon Musk in criticizing the US Securities and Exchange Commission (SEC). Garlinghouse’s backing arrives as Ripple continues to fight a legal war with the SEC over the classification of its asset, XRP. This has created more controversies about the SEC&#39;s policies on cryptocurrencies.Musk Slams SEC’s RoleOn Friday, in an X post, Garlinghouse <a href="https://x.com/bgarlinghouse/status/1867618663517311115" rel="noopener noreferrer nofollow">reposted</a> Musk’s comments, in which the latter referred to the SEC as a <a href="https://x.com/elonmusk/status/1867186574280278040" rel="noopener noreferrer nofollow">weaponized institution</a> used for dirty work. The comments came after Gensler, the SEC Chair, had sent a letter to Musk’s company, Neuralink. This only added fuel to the fire, as Musk’s criticism of the SEC has attracted the attention of politicians and crypto enthusiasts.Garlinghouse&#39;s support for <a href="https://cryptotale.org/elon-musk-wins-legal-battle-against-sec-over-x-acquisition/" rel="noopener noreferrer nofollow">Musk</a> is a surprise, given that Ripple remains embroiled in a legal battle with the SEC over XRP’s classification. The SEC has stated that XRP is a security and should be regulated. Despite this, Ripple has been standing its ground and claiming that XRP is a digital asset instead of a security. The implications of this case hold significance for the future of how the U.S. government regulates cryptocurrencies.<a href="https://cryptotale.org/garlinghouse-joins-musk-and-ramaswamy-in-criticizing-sec/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Garlinghouse Joins Musk and Ramaswamy in Criticizing SEC

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