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#1458 Charlie Gasparino | Bitcoin, Trump Victory, The Economy & Woke America

The Pomp Podcast

ANECDOTE

Ripple, XRP, and Regulatory Overreach

  • Charlie Gasparino, after writing about Ethereum's regulatory goals, was bombarded with tweets from XRP enthusiasts, leading him to investigate Ripple's case.
  • He found the SEC's pursuit of Ripple bizarre, especially considering the simultaneous rise of FTX.
  • Gasparino believes the regulatory actions against Ripple were excessive and ultimately pushed the technology overseas.
  • He criticizes a judge's ruling on the case, highlighting its inconsistency and lack of understanding regarding retail disclosure.
  • Gasparino suggests the SEC might drop the case under the Trump administration.
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