Coin Center Jerry Brito’s Comment May Reveal Bias Against XRP

April 20, 2022 9:55 pm

Coin Center is supposed to be a non-profit organization that focuses on policy issues facing cryptocurrencies and provides objective views for all digital assets as a neutral platform.

Unfortunately, that doesn’t seem to be the case because Coin Center’s executive director, Jerry Brito, just revealed a comment on Twitter that clearly shows that the platform is against XRP.

John Deaton recently brought awareness to this bias against Ripple when he retweeted a comment that Brito left in response to a viewer’s comment on the Axios Livestream that Ripple’s Brad Garlinghouse was speaking on.

The user had commented that he or she could not stand the livestream anymore due to Garlinghouse’s presence and Brito had affirmed that statement.

As a public figure for Coin Center, this reveals a clear biased perception that is against Ripple which brings up the question of who Coin Center is actually working for.

The about page of Coin Center states:

Based in Washington, D.C., Coin Center is the leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency and decentralized computing technologies like Bitcoin and Ethereum.

Our mission is to build a better understanding of these technologies and to promote a regulatory climate that preserves the freedom to innovate using permissionless blockchains.

We do this by producing and publishing policy research from respected academics and experts, educating policymakers and the media about cryptocurrencies, and by engaging in advocacy for sound public policy.

However, the actions shown by Brito so far are not consistent with Coin Center’s vision which is supposedly to advocate for sound public policy where all blockchains have the freedom to innovate.

Deaton explains in further detail that many of the complaints that were filed against XRP would apply equally to Bitcoin, Ethereum, and other cryptocurrencies.

As a result, Deaton inquires about why organizations like Coin Center have not been bringing awareness to the SEC’s gross overreach and unjust regulatory policy against specific digital assets like XRP.

He states that there is no need to be in support of Ripple specifically, but that a trade association like Coin Center should AT LEAST be vocal about the SEC’s actions at the bare minimum.

The fact that they haven’t said anything at all may reveal the potential that there is a systemic and intentional agenda against XRP.

Twitter reveals Deaton’s comments:

The relevant question is why haven’t the so-called trade associations been more vocal – not in support of Ripple or it’s executives – but against the SEC’s gross overreach?

If the SEC limited it’s claims 🆚 Ripple to early sales of #XRP, I wouldn’t have sued the SEC.

If the SEC had instead sued the Ethereum Foundation, ConsenSys, @ethereumJoseph and @VitalikButerin and didn’t limit the allegations to only include #ETH’s ICO and claimed today’s #ETH, including secondary market #ETH, are securities, I would’ve also sued the SEC.

SIXTY-SIX THOUSAND ONE-HUNDRED SEVENTY-TWO (66,172) #XRPHOLDERS from the United States 🇺🇸 and over 60 other countries from around the 🌏 have joined together to fight the SEC’s overreach.

Whether we like or dislike Garlinghouse or Ripple is irrelevant to doing what’s right.

Jerry Brito has not yet responded to Deaton’s comments about Coin Center’s position regarding the SEC.

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