Gary Gensler: “We Have To Take Some Losses Sometimes”

March 3, 2022 5:00 pm

Did we just get a sign that the Ripple/SEC case will soon be settled?

No, I’m not talking about this which was circulating earlier today:

That looks like probably just noise.

No, I’m talking about from the horse’s mouth himself: Gary Gensler.

Last year when he was holed up in his house for weeks on end, Gensler proudly bragged that the “SEC had never lost a case”.

Now?

Now a major change in tune.

Now Gary is talking about how he “needs to be willing to take some losses sometimes.”

Wow.

Doesn’t even sound like the same guy, does it?

Watch the two clips back to back right here:

Credit goes to @BigSticky2 for finding and merging the videos together:

Is a settlement coming soon?

Was the goal all along just to delay, knowing they could never win?

Mission accomplished?

We will see soon it looks like …

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