💰 Ripple CLO calls Gary Gensler 'a struggling liability' as political winds shift
Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair #GaryGensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether #exchange -traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability."