Bloomberg Interviews Ripple CEO Brad Garlinghouse And Says To Him That The SEC Will WinApril 27, 2022 2:32 pm
It seems that there is no shortage of interviewers that reveal their bias and hypocrisy during an interview, especially when it comes to an interview about XRP.
Ripple CEO Brad Garlinghouse was recently interviewed by the Bloomberg Crypto show where they discussed the current state of affairs regarding crypto regulation.
When the topic of the Ripple vs. SEC lawsuit came up, the host of the show brought up the idea that they believed that the SEC will win the lawsuit based on the opinion of their “analysts.”
It can be quite unsettling that the show would make a statement for their large audience of investors just based on the opinions of their litigation analysts who are likely not even following the case.
Recent developments in the lawsuit have already shown that Ripple was already likely to win the case and that the SEC’s only choice is to continue to keep up their delay tactics in order to delay their inevitable loss.
When the statement was brought up, it was clear by Garlinghouse’s reaction that he wondered why the host would even say that in the first place.
Sorry, I didn't mean to be cryptic. 🙂 My main thought was that XRP's pricing ALREADY has a Ripple loss baked in. There's no difference between now and a "loss" in March (not saying that's what will happen).
If you hold XRP, a loss doesn't change its value. But imagine a WIN.
— Jeremy Hogan (@attorneyjeremy1) April 26, 2022
In an interview with Bloomberg, Ripple CEO Brad Garlinghouse said that his company is already operating as if it has lost the fight with the U.S. Securities and Exchange Commission.
Ripple’s record-breaking growth number come outside of the United States, and it is hiring more and more people outside the U.S, the executive said.
The idea that XRP is an unregistered security is “misguided,” according to Garlinghouse.
Yet, the token has no liquidity in the U.S. after all exchanges suspended trading in early 2021.
Ninety-nine percent of Ripple’s customers are non-US payment companies, according to Garlinghouse.
So far, it is clear that government regulators and mainstream institutions could possibly have an agenda against the success of XRP and Ripple is already prepared to succeed no matter what.
John Deaton and Jeremy Hogan also shared their views on what they thought of the interview and commented that they were impressed with Brad’s response.
The one thing that was impressive for Hogan was that Brad mentioned that the company has already been operating in a world where it’s as if it HAD lost.
Hogan mentioned that he believes that the current price of XRP has already accounted for a loss against the XRP and that a win against the SEC would take the price of XRP to new heights.
In an interview with @bgarlinghouse on Bloomsberg @crypto the host told Brad (to his surprise) "That their Bloomsberg litigation analysts think that the @SECGov is going to win". What a stupid statement to make to listening investors, and how far removed from the case are they?
— Wilber54-XRP (@Wilber54X) April 26, 2022
Jeremy Hogan commented on Twitter:
At the 10 min. mark of this interview, Brad is asked about the possibility of losing the lawsuit and says: “…Ripple is already operating in a world where it’s as if it HAD lost.” …
That one made me think for a couple minutes.
Sorry, I didn’t mean to be cryptic. 🙂
My main thought was that XRP’s pricing ALREADY has a Ripple loss baked in. There’s no difference between now and a “loss” in March (not saying that’s what will happen).
If you hold XRP, a loss doesn’t change its value. But imagine a WIN.
Deaton also had similar thoughts as well and shared that Bloomberg’s lawyers are completely misinformed regarding the status of the current lawsuit.
It seems that mainstream media is currently out of touch with the reality of the case and that the final result could surprise many.
I guarantee you the lawyer who said this knows very little about the case and gives very stupid reasons for having that opinion. Things like “the SEC only brings cases it can win.” https://t.co/LrFIy7HOu9
— John E Deaton (@JohnEDeaton1) April 26, 2022
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