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Is SEC In Crosshairs Of Presidential Candidate RFK Jr, Asks Ex-Ripple Exec

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Former Ripple Director Sean McBride has just lately urged U.S. presidential candidate Robert F. Kennedy Jr. to touch upon what he perceives as corruption inside the U.S. Securities and Exchange Commission (SEC). McBride’s name for Kennedy’s enter stems from his perception that the SEC’s therapy of cryptocurrencies, notably XRP, lacks transparency and equity.

Former Ripple Director’s Message To RFK Jr

In his message directed at Kennedy, McBride highlighted XRP as the one cryptocurrency with regulatory readability. Moreover, he famous that it isn’t thought-about a safety after the July 2023 judgment within the Ripple vs SEC case. He particularly said, “Did you know that XRP is the only cryptocurrency with regulatory clarity and not considered a security?”

Hence, he went on query the “corrupt” SEC’s practices towards XRP and different crypto business proponents and urged for a remark from RFK Jr. Since the U.S. presidential candidate has reiterated his pledge to curb corruption, the SEC would possibly find yourself in crosshair if he secures a time period. Furthermore, McBride emphasised XRP’s eco-friendly nature, as it’s “pre-mined” and doesn’t require the energy-intensive mining course of related to different cryptocurrencies. Therefore, he requested RFK Jr for his opinion on the identical as he has prior expertise as an environmentalist.

However, RFK Jr hasn’t supplied a touch upon the Ripple’s XRP vs SEC case as of now. Whilst, Kennedy, in response to a publish itemizing his profession accomplishments, expressed gratitude and affirmed his dedication to combating company malfeasance. He said, “Thank you for this list! I will continue to fight for those who’ve been taken advantage of by corrupt corporations. More than ever, we need accountability in Washington. I will get it done.”

Also Read: Ripple CLO Calls Out SEC for Misleading Court Submission

RFK Promotes Shiba Inu

Earlier this week, RFK Jr was noticed endorsing Shiba Inu’s slogan: “It’s Not A Meme, It’s A Movement.” The replace was highlighted by Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), in a publish on X on March 4. At the ETHDenver 2024 occasion, RFK Jr. and Russ Davis from In Russ We Trust Crypto had been noticed carrying Shiba Inu badges.

This initiative demonstrated their help for the SHIB Army, marking a big second for the Shiba Inu group. Moreover, Shiba Inu has gained important traction, particularly through the current meme coin rally, positioning itself sturdy because it entered the listing of high 10 cryptocurrencies by market capitalization.

Also Read: Shiba Inu: SHIB’s 2 Tln Move Sparks Speculations, Price To Reach $0.0001?

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