Garlinghouse Predicts SEC Struggle Over Ethereum's Status   

Ripple CEO Predicts SEC's Struggle with Ethereum's Regulatory Status
Ripple's CEO, Brad Garlinghouse, has offered a bold prediction regarding the U.S. Securities and Exchange Commission (SEC) and its potential clash with Ethereum (ETH). Making connections to the legal battle that Ripple faced over XRP, Garlinghouse expects a similar outcome for Ethereum, indicating that the SEC may struggle in its efforts to classify ETH as a security.

Garlinghouse's comments align with reports suggesting that the SEC is looking closely at whether Ethereum should be considered an unregistered security. This development has sparked conversations and raised worries among the cryptocurrency community. Although the SEC has not directly classified ETH as either a security or a commodity, its chairman, Gary Gensler, has consistently indicated a broader view that most crypto tokens could be seen as securities, except Bitcoin.

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