The chief of the SEC is headlining an event sponsored by a crypto firm at war with it
The head of the SEC, Gary Gensler, is set to headline an event organized by a crypto firm, Ripple, which is currently engaged in a legal battle with the agency. Ripple is fighting against the SEC's claims that its XRP token is a security, a case that has significant implications for the broader cryptocurrency industry. The event is scheduled for next week and aims to address regulatory issues in the crypto space. Gensler's participation has raised eyebrows given the ongoing conflict between the SEC and Ripple. This situation highlights the complexities and tensions in the relationship between regulatory bodies and the cryptocurrency sector.
Read the full article: CoinDesk