RIPPLE CEO: NYT Is Pushing "Crypto Dementia" To Cover Up SEC Failure $XRP 🤯
The regulatory war just got a new front: Media vs. Reality. Ripple CEO Brad Garlinghouse is torching the New York Times for framing the SEC’s retreat from crypto cases as political favoritism. This is a false narrative. Garlinghouse argues the SEC is dropping cases because the previous administration’s enforcement strategy was fundamentally "illegal" and legally unsound. Federal judges repeatedly slammed the SEC, notably calling their denial of a $BTC ETF "arbitrary and capricious" and sanctioning them in the Debt Box case for making false representations. Coinbase CLO Paul Grewal agrees, noting the NYT implies corruption but admits they found zero proof. This isn't journalism; it's advancing a failed narrative. Galaxy Digital’s Alex Thorn calls it the Gell-Mann amnesia effect—the media is relying on readers forgetting how legally unsustainable the previous SEC regime truly was. 🧐
#Regulation #SEC #XRP #CryptoNews
