O CEO da Ripple , Brad Garlinghouse, foi desbancarizado por uma instituição bancária com sede nos EUA, o Citibank. O executivo da criptografia enfatizou que o banco o desbancarizou por seus laços estreitos e destaque na indústria de criptografia.
O CEO da Ripple , Brad Garlinghouse, mais uma vez se viu nas garras dos reguladores depois de ser desbancarizado pelo Citibank. Garlinghouse afirmou que a instituição bancária encerrou seu relacionamento de longo prazo por causa de sua influência e destaque na criptografia. Ele revelou o término do relacionamento ao falar na DC Fintech Week.
Brad disse que as instituições bancárias também desbancaram outros participantes da criptografia. Ele culpou a trajetória geral da Comissão de Valores Mobiliários dos EUA (SEC), que tem lutado para regular a indústria de criptografia. Brad detalhou que os reguladores alertaram as instituições para limitar seu envolvimento no espaço criptográfico.
Brad disse que o banco foi aberto e honesto sobre o término do relacionamento de 25 anos. Ele disse que o Citibank alegou que o motivo do término do relacionamento foi que ele era uma figura notável na criptografia.
🚨 UAU
UM GRANDE BANCO DESBANCOU @bgarlinghouse e disse a ele que tinha 5 dias para movimentar seu dinheiro, só porque ele gosta de criptografia. Brad explicou este vídeo de hoje. #XRP #Ripple #XRPArmy pic.twitter.com/L3HBc0l5YZ— formigas_crypto (@anthony69962472) 23 de outubro de 2024
According to Citibank, his prominence could attract regulatory scrutiny. Brad said the bank gave him five days to look for banking services elsewhere and move his money. Brad also highlighted that, apart from Citibank, other banking institutions have distanced themselves from him.
The CEO has been a vocal critic of the Bidden-Harris administration and how it has governed crypto regulations in the last four years. While speaking in Washington, Brad said Gary Gensler, the chair of the U.S. SEC, has led the institution in a “reign of terror” against the industry.
He also criticized the U.S. Treasury Department and the Office of the Comptroller of the Currency (OCC) for displaying hostility against the industry. Brad added that the U.S. crypto policies will improve regardless of who assumes office after the November 5th elections.
Brad Garlinghouse mentioned that XRP ETFs are inevitable and encouraged crypto start-ups in the jurisdiction to incorporate outside the U.S. He referenced the years-long legal battle between Ripple and the U.S. SEC and added that there was too much uncertainty in the U.S. when protecting a company from legal apprehension by U.S. regulators.
Brad maintained a neutral stand, and he is not endorsing any major political party. However, he defended Ripple’s co-founder Chris Larsen, who received heavy backlash from the crypto community for announcing a $10 million XRP donation to Democratic presidential candidate Kamala Harris. Kamala Harris’ stance on crypto was largely uncertain and unpredictable until recently when her campaign pledged to protect crypto in a bid to win votes from the black male community.
She is part of the Bidden administration, which has been criticized by the U.S. SEC for poor crypto regulatory oversight. On the other hand, Republican presidential candidate Donald Trump promised to consult experts in the field to ensure crypto-friendly policies are implemented to foster the industry’s growth. The presidential aspirant spoke at the Bitcoin Conference 2024 and promised to make the U.S. the global crypto hub, ahead of competitors like China.