Ripple CEO Brad Garlinghouse called SEC head Gary Gensler a political corpse

While in Davos, Ripple CEO Brad Garlinghouse slammed SEC Chairman Gary Gensler, calling him a "political liability" for his approach to the crypto industry.

I truly believe that SEC Chairman Gary Gensler is a political liability in the United States. And I think that he does not act in the interests of citizens, in the interests of long-term economic growth, and I do not understand this approach.

I think at some point the SEC will have a new chairman, and that will probably be good for the American people.

Despite the approval of 11 spot Bitcoin ETFs last week, SEC Chairman Gary Gensler clarified that this is not an acceptance of Bitcoin per se. He also warned about the risks associated with investing in cryptocurrency.

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