news 
XRP News: Gasparino Calls Ripple’s SEC Regulation ‘Needless’ and Judge Torres’ Ruling ‘Idiotic’
As the crypto world continues to evolve, opinions on regulatory bodies’ actions are bound to differ. One voice that has been raised against the Securities Exchange Commission (SEC) and its recent actions is that of Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent. In an interview with Anthony Pompliano, Gasparino expressed his thoughts on Ripple’s SEC regulation, labeling it ‘needless’, and Judge Torres’ ruling as ‘idiotic’.
Gasparino stated that he has always believed the scrutiny surrounding Ripple and its cryptocurrency XRP was unjustified. He cited instances where other high-profile figures were involved in significant financial misconduct without facing similar regulatory pressure. This, according to him, is an example of regulatory overreach.
The journalist further criticized Ripple’s technology, stating it has potential but now operates overseas due to the lack of clear regulations within the US. The SEC’s legal actions have created uncertainty and confusion around the cryptocurrency market.
Source: coinpedia.org
