- Ripple CEO Brad Garlinghouse has clashed with venture capitalist Jason Calacanis over XRP’s status.
- Garlinghouse has questioned Calacanis’ grasp of securities law.
- Ripple and the SEC have disputed whether XRP should be classified as a security.
The legal status of digital currencies has been a contentious issue, with regulators and industry experts struggling to define their classification. The debate over XRP’s classification has resurfaced, this time with a fiery Twitter exchange between Ripple’s CEO, Brad Garlinghouse, and prominent venture capitalist Jason Calacanis.
Garlinghouse Criticizes Calacanis’ Grasp of Securities Law
Calacanis sparked controversy by asserting that XRP is unequivocally a security, which has only fueled the ongoing legal battles between Ripple and the U.S. Securities and Exchange Commission (SEC).
In response, Garlinghouse criticized Calacanis’ grasp of…
